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Forex - Chart USD/KRW Update: Steady above 1113.50 low
Written by article default Friday, 08 October 2010 02:52
Edged off the 1113.50 low to consolidate recent steep fallfrom 1201.00, Aug high. However, upside still limited with resistance at 1124.80 then 1137.30, high this week and near a 5-wk trendline from the Aug highs. Only break to turn focus higher and see stronger rally. [P.L] R5: 1146 27 Sep low R4: 1143.8 30 Sep high R3: 1140 1 Oct high, congestion R2: 1137.3