Published: 2026-07-24T02:57:01.000Z
Chart USD/KRW Update: Extending losses
1
Under pressure, as prices extend break of support at the 1480.00 level to reach the June channel support at 1465.00
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1500.00 | * | congestion | S1 | 1465.00 | * | channel | |
| R3 | 1487.00 | ** | 2024/2025 yr highs | S2 | 1460.00 | * | congestion | |
| R2 | 1480.00 | * | congestion | S3 | 1455.00 | * | 50% 2025/2026 rally | |
| R1 | 1472.00 | 21 Jul low | S4 | 1440.00 | ** | May low |
Asterisk denotes strength of level
02:50 GMT - Under pressure, as prices extend break of support at the 1480.00 level to reach the June channel support at 1465.00. Negative daily and weekly studies keep pressure firmly on the downside and see room to extend sharp losses from the 1560.00 high to the 1460.00 congestion. Below the latter will see deeper pullback to retrace rally from the June 2025 year low. Meanwhile, resistance at the 1472.00 low and extending to the 1480.00/1487.00 congestion area should cap corrective bounce.