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Published: 2026-03-06T02:34:37.000Z

Chart USD/KRW Update: Settled back within 148.00/1460.00 range

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Settled into choppy trade within the 1480.00/1460.00 area following sharp pullback from 1506.00 spike high

 LevelsImpComment  LevelsImpComment
R41520.00*congestion S11472.00*5 Feb high              
R31506.00**3 May YTD high S21460.00**congestion
R21487.00**2024/2025 yr highs S31450.00*congestion
R11480.00*congestion S41440.00*congestion

Asterisk denotes strength of level

02:25 GMT - Settled into choppy trade within the 1480.00/1460.00 area following sharp pullback from 1506.00, Tuesday's current year high. Support at the 1460.00/1450.00 area is expected to underpin and sustain strong gains from the 1420.00 low of last week. Would take break of 1450.00 support to fade the upside pressure and return focus to the downside for retest of 1440.00 level and the 1430.00 December low. Meanwhile, resistance at the 1480.00/1487.00 area is expected cap. Clearance here will see room for retest of 1506.00 spike high.

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Topics
USD/KRW-TA
EM-Technical
Technical Analysis

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