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Published: 2025-12-04T02:39:08.000Z

Chart USD/KRW Update: Still pressuring 1470.00/1475.00 resistance

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Little change, as prices extend choppy trade above the 1460.00 congestion to retest resistance at the 1470.00/1475.00

 LevelsImpComment  LevelsImpComment
R41487.00**9 Apr YTD high S11460.00*congestion                   
R31480.00**24 Nov high S21448.00**14 Nov low
R21475.00*13 Nov high S31440.00**congestion          
R11470.00*congestion S41435.00*14 Oct high

Asterisk denotes strength of level

02:35 GMT - Little change, as prices extend choppy trade above the 1460.00 congestion to retest resistance at the 1470.00/1475.00 area. Bullish structure suggest scope for break here to expose the 1480.00 high to retest and extend the broader gains from the 1348.00, June low. Higher, if seen, will turn focus to the 1487.00, April current year high. Meanwhile, support at the 1460.00 congestion underpin. Would take break here to fade the upside pressure and open up room for pullback to strong support at the 1450.00/1448.00 congestion area and the 1440.00 level.

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Topics
USD/KRW-TA
EM-Technical
Technical Analysis

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