Published: 2026-06-25T03:02:17.000Z
Chart USD/KRW Update: Extending gains
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Consolidation below resistance at the 1540.00 resistance has given way to break to extend bounce from the 15 June low
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1597.00 | ** | 6 Mar 2009 multi-yr high | S1 | 1537.00 | * | Mar high | |
| R3 | 1590.00 | * | congestion | S2 | 1520.00 | * | congestion | |
| R2 | 1570.00 | * | congestion from Mar 2009 | S3 | 1505.00 | ** | 15 Jun low | |
| R1 | 1560.00 | ** | 5 Jun YTD high | S4 | 1500.00 | * | congestion |
Asterisk denotes strength of level
02:55 GMT - Consolidation below resistance at the 1540.00 resistance has given way to break to extend bounce from the 15 June low. Focus now return to the 1560.00 high and channel resistance from June 2025 year low. Gains beyond this, if seen, will extend the underlying bull trend from the 2014 year low and turn focus to 1597.00, 2009 year high. Meanwhile, support is raised to the 1537.00 March high. Below here will ease the upside pressure and see room for pullback to support at the 1520.00 congestion and the 1505.00 low of last week.