Published: 2026-07-02T02:48:04.000Z
Chart USD/KRW Update: Consolidating below 1560.00 high
-
Break above 1550.00 has seen gains to approach 1560.00 high and channel resistance from 2025 year low
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1597.00 | ** | 2009 multi-year high | S1 | 1540.00 | * | congestion | |
| R3 | 1590.00 | * | congestion | S2 | 1530.00 | * | congestion | |
| R2 | 1570.00 | * | congestion from Mar 2009 | S3 | 1520.00 | ** | congestion | |
| R1 | 1560.00 | ** | 5 Jun YTD high | S4 | 1505.00 | ** | 15 Jun low |
Asterisk denotes strength of level
02:45 GMT - Break above 1550.00 has seen gains to approach 1560.00 high and channel resistance from 2025 year low. Reaction here can be expected but bullish prices action suggest potential for break to extend gains from the June 2025 year low. Higher, if seen, will see room to 1570.00 congestion from March 2009 high. Meanwhile, support is raised to 1540.00/1530.00 congestion area which should underpin. Would take break here to fade the upside pressure and see room for pullback to strong support at the 1520.00/1505.00 congestion and mid-June low.