Published: 2026-03-16T02:43:23.000Z
Chart USD/KRW Update: Retest 1500.00
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Break above the 1480.00/1487.00 resistance has seen extension to retest the 1500.00 level
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1520.00 | * | congestion | S1 | 1487.00 | * | 2024/2025 year high | |
| R3 | 1518.00 | ** | 2008 year high | S2 | 1480.00 | * | congestion | |
| R2 | 1506.00 | ** | 3 Mar YTD high | S3 | 1472.00 | ** | Feb high | |
| R1 | 1500.00 | * | figure | S4 | 1460.00 | * | congestion |
Asterisk denotes strength of level
02:40 GMT - Break above the 1480.00/1487.00 resistance has seen extension to retest the 1500.00 level. Clearance here will see room to retest the 1506.00 current year high with positive daily and weekly studies highlighting scope for break to extend the broad underlying bull trend from the 2014 year low. Higher will see room for extension to the 2008 year high at 1518.00 then 1520.00 congestion. Meanwhile, support is raised to the 1487.00/1480.00 congestion which should underpin and sustain bounce from the 1421.00/1420.00, February/January double bottom.