Published: 2025-08-25T02:55:55.000Z
Chart USD/KRW Update: Retest 1380.00 support
Technical Analyst
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No follow-through above the 1400.00 level and rejection there see prices back to retest support at 1380.00
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1406.00 | ** | 1 Aug high | S1 | 1380.00 | * | congestion | |
| R3 | 1400.00 | * | Apr 2024 high | S2 | 1375.00 | ** | 13 Aug low | |
| R2 | 1395.00 | * | Jun 2024 high | S3 | 1370.00 | * | congestion | |
| R1 | 1390.00 | * | congestion | S4 | 1365.00 | * | 5 May low |
Asterisk denotes strength of level
02:55 GMT - No follow-through above the 1400.00 level and rejection there see prices back to retest support at the 1380.00 congestion. Negative daily studies suggest scope for break here to open up room for retest of support at 1375.00. Below this will see deeper pullback to the 1370.00 level then the 1365.00/1360.00, May lows. Meanwhile, resistance is lowered to the 1390.00 congestion which is expected to sustain losses from resistance at the 1395.00/1400.00, June/April 2024 highs.