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Published: 2026-04-02T02:47:44.000Z

Chart USD/KRW Update: Choppy trade return focus to 1537.00 high

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Limited on break of the 1500.00 level and subsequent bounce from the 1497.00 low has seen rally above the 1510.00/1518.00 resistance

 LevelsImpComment  LevelsImpComment
R41560.00*congestion S11500.00*congestion
R31540.00*congestion S21487.00*2024/2025 year highs
R21537.00**31 Mar YTD high S31480.00**Nov high, congestion
R11522.00 intraday high S41472.00**Feb high

Asterisk denotes strength of level

02:35 GMT - Limited on break of the 1500.00 level and subsequent bounce from the 1497.00 low has seen rally above the 1510.00/1518.00 resistance. Break here and the 1520.00 level return focus to upside and see room to retest the pin bar high at 1537.00. However, daily studies remains overbought and suggest gains may stall ahead of the latter. Meanwhile, support at the 1500.00 level now underpin. Would take break here to open up room for pullback to strong support at the 1487.00/1480.00 congestion area and 1472.00 February high.

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Topics
USD/KRW-TA
EM-Technical
Technical Analysis

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