Published: 2026-06-03T02:19:17.000Z
Chart USD/KRW Update: Pressuring 1520.00, May high
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Consolidating retest of the May high at 1520.00 but pressure remains on the upside and suggest scope for break later
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1540.00 | congestion | S1 | 1500.00 | * | congestion | ||
| R3 | 1537.00 | ** | 31 Mar YTD high | S2 | 1492.00 | * | 29 Apr high | |
| R2 | 1530.00 | * | figure | S3 | 1488.00 | * | 19 May low | |
| R1 | 1520.00 | ** | May high | S4 | 1480.00 | ** | congestion |
Asterisk denotes strength of level
02:15 GMT - Consolidating retest of the May high at 1520.00 but pressure remains on the upside and suggest scope for break to extend strong gains from the 1440.00 low and channel support from the June 2025 year low. Break here will open up room for retest of the 1537.00 March YTD high and see potential to extend the underlying bull trend from 2014 year low. Meanwhile, support at the 1500.00 level and extending to 1492.00 high of 29 April are expected to underpin and sustain the bullish outlook.