Published: 2025-06-26T02:40:59.000Z
Chart USD/KRW Update: Under pressure, room to retest 1351.00 low
Technical Analyst
-
Little change, as prices consolidate at the 1355.00 low and unwind oversold intraday studies
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1395.00 | * | Jun 2024 high | S1 | 1355.00 | * | 25 Jun low | |
| R3 | 1390.00 | ** | 23 Jun high | S2 | 1351.00 | ** | 10 Jun YTD low | |
| R2 | 1380.00 | * | congestion | S3 | 1340.00 | * | congestion | |
| R1 | 1365.00 | * | 5 May low | S4 | 1330.00 | * | congestion |
Asterisk denotes strength of level
02:35 GMT - Little change, as prices consolidate at the 1355.00 low and unwind oversold intraday studies. Daily studies have turned down from overbought areas and suggest consolidation giving way to renewed selling pressure later. Lower will see scope for retest of the 1351.00 low and where break will further extend losses from the 1487.00, December/April double top and see room to the 1340.00 congestion. Meanwhile, resistance remains lowered to the 1365.00 early-May low which is expected to cap and sustain losses from the 1390.00 high.