Forex - Chart USD/KRW Update: Break of daily uptrend line opening more downside potential


 00:25 (GMT) 07 Mar

  [Forex Charts]

07 Mar USD/KRW Daily

00::26 GMT - Opening break of daily uptrend line from 4-Nov's low, enforced by the negative crossing seen on daily MACD are opening downside with immediate support seen at the 38.2% mark of the 1120.60-1245.30 up-leg at 1197.65 and break will see 1189.50 support targeted. [W.T]
R5: 1227.0 3 Mar high
R4: 1225.0 * 23 Feb low
R3: 1219.2 intraday level
R2: 1213.6 4 Mar high
R1: 1207.95 intraday level

S1: 1197.65 38.2% of 1120.60-1245.30 upleg
S2: 1189.5 * 5/11 Feb low
S3: 1188.4 14 Dec high
S4: 1182.95 * 50% of 1120.60-1245.30 upleg
S5: 1178.0 4 Jan low


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