Published: 2026-03-05T03:04:46.000Z
Chart USD/KRW Update: Lower in consolidation from 1506.00 spike high
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Sharp pullback from the 1506.00 high see prices consolidating at the 1460.00 level
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1506.00 | ** | 3 May YTD high | S1 | 1460.00 | * | congestion | |
| R3 | 1487.00 | * | 2024/2025 yr highs | S2 | 1450.00 | * | congestion | |
| R2 | 1480.00 | ** | congestion | S3 | 1440.00 | * | congestion | |
| R1 | 1472.00 | * | 5 Feb high | S4 | 1430.00 | ** | Dec low, congestion |
Asterisk denotes strength of level
02:50 GMT - Sharp pullback from the 1506.00 high see prices consolidating at the 1460.00 level as prices unwind overbought intraday studies. Support at the 1460.0/1450.00 area expected to underpin and sustain strong gains from the 1420.00 low of last week. Break of the 1450.00 support will return focus to the downside for retest of 1400.00 level and the 1430.00 December low. Meanwhile, resistance is at the 1472.00/1480.00 area which is expected cap. Break needed to revive upside focus for retest of 1487.00 and 1506.00 spike high.