Published: 2026-07-17T02:51:25.000Z
Chart USD/KRW Update: Extending losses
1
Just shy of the 200-day MA at 1476.00 as prices extend steep drop from the 1560.00 high
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1520.00 | * | congestion | S1 | 1476.00 | * | 200-day MA | |
| R3 | 1505.00 | ** | 15 Jun low | S2 | 1470.00 | * | congestion | |
| R2 | 1500.00 | * | congestion | S3 | 1460.00 | * | congestion | |
| R1 | 1487.00 | * | 2024/2025 yr highs | S4 | 1455.00 | * | 50% 2025/2026 rally |
Asterisk denotes strength of level
02:45 GMT - Just shy of the 200-day MA at 1476.00 as prices extend steep drop from the 1560.00 high. Consolidation here see prices unwinding oversold intraday and daily studies but bearish momentum from the June high keep pressure on the downside. Lower will see room for deeper pullback to retrace gains from the June 2025 year low to 1470.00/1460.00 congestion. Meanwhile, resistance is lowered to 1487.00, 2024 and 2025 year highs. Above here will see room for stronger bounce to resistance at the 1500.00/1505.00 congestion and mid-June low.