Published: 2026-05-14T02:33:24.000Z
Chart USD/KRW Update: Consolidating gains to 1500.00 high
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Settled back from test of the 1500.00 level as prices consolidate strong gains from the 1440.00, 6 May low
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1520.00 | * | congestion | S1 | 1480.00 | ** | congestion | |
| R3 | 1510.00 | * | congestion | S2 | 1460.00 | * | congestion | |
| R2 | 1500.00 | ** | 13 May high, congestion | S3 | 1455.00 | * | Apr low | |
| R1 | 1492.00 | * | 29 Apr high | S4 | 1440.00 | ** | congestion |
Asterisk denotes strength of level
02:15 GMT - Settled back from test of the 1500.00 level as prices consolidate strong gains from the 1440.00, 6 May low. However, further gains cannot be ruled out and higher, if seen, will see room for extension to the 1510.00/1520.00 congestion area. Meanwhile, support is raised to 1480.00 congestion which should underpin. Would take break here to return focus to the downside for retest of the 1470.00/1460.00 congestion area. Below this will expose the 1455.00 and 1440.00, April and 6 May lows to retest.