Published: 2026-04-01T02:37:52.000Z
Chart USD/KRW Update: Reversal from 1537.00 spike high
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No follow-through on break above the 1510.00/1518.00 highs and channel resistance with the resulting pin bar at 1537.00 high suggesting a top now in place
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1540.00 | * | congestion | S1 | 1500.00 | * | congestion | |
| R3 | 1537.00 | ** | 31 Mar YTD high | S2 | 1487.00 | * | 2024/2025 year highs | |
| R2 | 1518.00 | * | 23 Mar high | S3 | 1480.00 | ** | Nov high, congestion | |
| R1 | 1510.00 | congestion | S4 | 1472.00 | ** | Feb high |
Asterisk denotes strength of level
02:30 GMT - No follow-through on break above the 1510.00/1518.00 highs and channel resistance with the resulting pin bar at 1537.00 high suggesting a top now in place. Daily studies are unwinding ovrbought readings and return below the 1518.00/1510.00 area open up room for deeper pullback to retrace gains from the 1420.00 February low. Lower will see room to the 1500.00 level then the strong support at the 1480.00 and 1472.00, November and February highs. Meanwhile, resistance at the 1510.00/1518.00 area now expected to cap.