Published: 2026-03-10T02:45:40.000Z
Chart USD/KRW Update: Back in choppy trade within 1487.00/1460.00 area
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Turned lower in consolidation to extend choppy trade within the 1487.00/1460.00 area
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1506.00 | ** | 3 Mar YTD high | S1 | 1460.00 | * | congestion | |
| R3 | 1500.00 | * | figure | S2 | 1450.00 | * | congestion | |
| R2 | 1487.00 | ** | Apr 2025 year high | S3 | 1440.00 | * | congestion | |
| R1 | 1480.00 | * | congestion | S4 | 1430.00 | ** | Dec low |
Asterisk denotes strength of level
02:35 GMT - Turned lower in consolidation to extend choppy trade within the 1487.00/1460.00 area. Long wicks at the 1499.00/1506.00 highs see risk for deeper pullback to retrace bounce from the 1420.00 February current year low. Below 1460.00 congestion will open up room for deeper pullback to the 1450.00/1440.00 area. Would take break of these to open up room for retest of the 1430.00 and 1420.00, December and February lows. Meanwhile, resistance at the 1480.00/1487.00 area should cap and sustain rejection from the 1499.00/1506.00 highs.