Published: 2025-12-01T02:17:03.000Z
Chart USD/KRW Update: Leaning lower in choppy trade
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Extending choppy trade above support at the 1460.00 congestion but pressure remains on the downside
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1487.00 | ** | 9 Apr YTD high | S1 | 1460.00 | * | congestion | |
| R3 | 1480.00 | ** | 24 Nov high | S2 | 1448.00 | ** | 14 Nov low | |
| R2 | 1475.00 | * | 13 Nov high | S3 | 1440.00 | ** | congestion | |
| R1 | 1470.00 | * | congestion | S4 | 1435.00 | * | 14 Oct high |
Asterisk denotes strength of level
02:10 GMT - Extending choppy trade above support at the 1460.00 congestion but pressure remains on the downside from the 1480.00 high. Daily studies are tracking lower and break of the 1460.00 level will see room for deeper pullback to retrace gains from the 1348.00, June low. Lower will see potential to strong support at the 1450.00/1448.00 congestion and the 1440.00 level. Meanwhile, resistance at the 1470.00/1475.00 congestion area is expected to cap and sustain losses from resistance at the 1480.00 high.