Published: 2025-11-05T02:57:30.000Z
Chart USD/KRW Update: Extending gains, but stretched
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Break of the resistance at the 1440.00 further extend gains through strong resistance at 1446.00, the 28 April and 2022 year high
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1470.00 | * | congestion | S1 | 1440.00 | * | congestion | |
| R3 | 1460.00 | * | congestion | S2 | 1430.00 | * | congestion | |
| R2 | 1454.00 | * | 76.4% Apr/Jun fall | S3 | 1425.00 | * | Feb low, congestion | |
| R1 | 1450.00 | ** | congestion | S4 | 1420.00 | ** | congestion |
Asterisk denotes strength of level
02:50 GMT - Break of the resistance at the 1440.00 further extend gains from the June year low through strong resistance at 1446.00, the 28 April and 2022 year high. Higher still, will see room to strong to 1450.00 congestion and 1454.00, 76.4% Fibonacci level. However, overbought daily and weekly studies caution corrective pullback with support raised to the 1440.00 congestion. Break here will eased the upside pressure and see room for consolidation to support at the 1430.00/1425.00 congestion and Feb low.