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Published: 2026-02-19T02:53:09.000Z

Chart USD/KRW Update: Higher in consolidation above 1440.00 support

1

Extending consolidation above the 1440.00 level following bounce from 1433.00 low of last week

 LevelsImpComment  LevelsImpComment
R41484.00**23 Dec high S11440.00*congestion               
R31481.00**21 Jan YTD high S21430.00*congestion
R21472.00**5 Feb high S31421.00**28 Jan YTD low        
R11460.00*congestion S41415.00*16 Oct low

Asterisk denotes strength of level

02:45 GMT - Extending consolidation above the 1440.00 level following bounce from 1433.00 low of last week. Prices are unwinding oversold daily studies and see scope to retest resistance at the 1460.00 congestion. Break here, if seen, will expose the 1472.00 early February high to retest. However, choppy trade from the 1484.00 December high see prices tracing out a potential top pattern. Would take break of support at the 1440.00/1430.00 area to expose the 1421.00 January low to retest. Below this will see deeper pullback to retrace the June/December rally. 

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Topics
USD/KRW-TA
EM-Technical
Technical Analysis

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