Published: 2026-04-16T02:43:28.000Z
Chart USD/KRW Update: Under pressure
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Under pressure, but oversold daily studies slows bearish momentum from the 1537.00, March spike high
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1510.00 | * | congestion | S1 | 1469.00 | * | 14 Apr low | |
| R3 | 1500.00 | ** | congestion | S2 | 1465.00 | * | 61.8% Feb/Mar rally | |
| R2 | 1487.00 | ** | 2024/2025 yr highs | S3 | 1460.00 | * | congestion | |
| R1 | 1480.00 | * | congestion | S4 | 1450.00 | * | congestion |
Asterisk denotes strength of level
02:40 GMT - Under pressure, but oversold daily studies slows bearish momentum from the 1537.00, March spike high. However, consolidation at the 1469.00 low expected to give way to renewed selling pressure later to further retrace gains from the 1420.00, January/February lows. Lower will see room to 1465.00, 61.8% Fibonacci retracement. Below this see scope for extension to support at the 1460.00/1450.00 congestion. Meanwhile, resistance remains at the 1480.00/1487.00 congestion and 2024/2025 year highs which is expected to cap corrective bounce.