Published: 2026-04-08T02:41:58.000Z
Chart USD/KRW Update: Under pressure, 1472.00 support at risk
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Break of the 1500.00 level has seen sharp losses through strong support at the 1487.00/1480.00 congestion area
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1537.00 | ** | 31 Mar YTD high | S1 | 1472.00 | ** | Feb high | |
| R3 | 1518.00 | * | 23 Mar high | S2 | 1465.00 | * | 61.8% Feb/Mar rally | |
| R2 | 1510.00 | * | congestion | S3 | 1460.00 | * | congestion | |
| R1 | 1500.00 | * | congestion | S4 | 1450.00 | congestion |
Asterisk denotes strength of level
02:35 GMT - Break of the 1500.00 level has seen sharp losses through strong support at the 1487.00/1480.00 congestion area. Nearby see room to the 1472.00 support. Both daily and weekly studies are unwinding overbought readings and see risk for break here to open up room to further retrace the January/March gains. Break will see room to 1465.00, 61.8% Fibonacci retracement and 1460.00 congestion. Meanwhile, resistance is lowered to the 1500.00 level which is expected to cap and sustain losses from the 1537.00 current year high.