Forex - Chart USD/KRW Update: Opening strength to falter towards 1065.00 resistance

Published at 00:50 (GMT) 08 Nov

     

Chart USD/KRW Update: Opening strength to falter towards 1065.00 resistance (JZBC6501)

08 Nov USD/KRW Daily
00::18 GMT - Opening move above 1061.70 high set prior session is exposing a pattern-gap on the downside and expect further consolidative strength to be checked by the 1065.00 resistance for a later setback to fill the lower gap. Trade the 1059.10-1065.00 band.[W.T]
R5: 1073.4 * 14 Oct high
R4: 1070.4 15 Oct high
R3: 1068.8 16 Oct high
R2: 1066.5 17 Oct high
R1: 1065.0 * 1 Nov high

S1: 1061.7 7 Nov high, gap
S2: 1059.1 31 Oct low
S3: 1054.3 * 24 Oct low
S4: 1050.0 2 Aug 2011 low
S5: 1048.9 ** 1 Aug 2011 low

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