Published: 2026-03-12T02:57:14.000Z
Chart USD/KRW Update: Higher in choppy trade to retest 1480.00/1487.00
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Higher in choppy trade following bounce above support at the 1460.00 congestion to retest the 1480.00/1487.00 resistance
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1506.00 | ** | 3 Mar YTD high | S1 | 1460.00 | * | congestion | |
| R3 | 1500.00 | * | figure | S2 | 1450.00 | * | congestion | |
| R2 | 1487.00 | ** | Apr 2025 year high | S3 | 1440.00 | * | congestion | |
| R1 | 1480.00 | * | congestion | S4 | 1430.00 | ** | Dec low |
Asterisk denotes strength of level
02:45 GMT - Higher in choppy trade following bounce above support at the 1460.00 congestion to retest the 1480.00/1487.00 resistance. Positive daily and weekly studies suggest scope for break here to open up the 1499.00/1506.00 highs to retest. Clearance will extend the broader gains from the 2014 low and see room for extension to the 1510.00/1520.00 area. Meanwhile, support is raised to the 1472.00/1460.00 February high and congestion area which should underpin and sustain bounce from the 1420.00 February current year low.