Published: 2026-03-11T02:51:19.000Z
Chart USD/KRW Update: Extend choppy trade within 1487.00/1460.00 area
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Little change, as prices 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
02:45 GMT - Little change, as prices extend choppy trade within the 1487.00/1460.00 area. However, 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. Break of support at the 1460.00 congestion will open up room for deeper pullback to the 1450.00/1440.00 area. Below these will return focus to the downside and see 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 1506.00 high.