Published: 2026-05-13T02:44:13.000Z
Chart USD/KRW Update: Extending bounce
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Extending sharp bounce from the 1440.00 low to reach the 1500.00 level
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1537.00 | ** | 31 Mar YTD high | S1 | 1480.00 | ** | congestion | |
| R3 | 1520.00 | * | congestion | S2 | 1460.00 | * | congestion | |
| R2 | 1510.00 | * | congestion | S3 | 1455.00 | * | Apr low | |
| R1 | 1500.00 | * | congestion | S4 | 1440.00 | ** | congestion |
Asterisk denotes strength of level
02:40 GMT - Extending sharp bounce from the 1440.00 low to reach the 1500.00 level as prices retrace losses from the March current year high. Break here, if seen, will see room for extension to the 1510.00/1520.00 congestion area but gains are seen corrective and expected to give way to renewed selling pressure later. Meanwhile, support is raised to 1480.00 congestion. Would take break here to return focus to the downside for retest of the 1470.00/1460.00 area. Below this will return focus to the downside for retest of 1455.00 and 1440.00 lows.