Published: 2026-03-26T02:20:19.000Z
Chart USD/KRW Update: Bounce return focus to 1510.00/1518.00 highs
-
Consolidation above the 1487.00/1480.00 support has given way to bounce to regain the 1500.00 level
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1540.00 | * | congestion | S1 | 1500.00 | * | congestion | |
| R3 | 1520.00 | * | congestion | S2 | 1487.00 | * | 2024/2025 year high | |
| R2 | 1518.00 | ** | 2008, 23 Mar YTD high | S3 | 1480.00 | * | congestion | |
| R1 | 1510.00 | * | 18 Mar high | S4 | 1472.00 | ** | Feb high |
Asterisk denotes strength of level
02:15 GMT - Consolidation above the 1487.00/1480.00 support has given way to bounce to regain the 1500.00 level. Daily and weekly studies have turned positive and suggest scope for extension to retest the 1510.00 and 1518.00 highs. Break of these will extend the underlying bull trend from the 2014 low and see room to target congestion at the 1520.00/1540.00 area. Meanwhile, support is raised to the 1500.00 level which is expected to underpin and sustain bounce from support at the 1487.00/1480.00 area.