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Published: 2026-04-22T02:48:11.000Z

Chart USD/KRW Update: Higher in consolidation

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Higher in consolidation from the 1460.00/1450.00 support as prices retrace losses from the 1537.00, March spike high

 LevelsImpComment  LevelsImpComment
R41520.00*congestion S11472.00*5 Feb high
R31510.00*congestion S21465.00*congestion         
R21500.00**congestion S31460.00*congestion
R11487.00**2024/2025 yr highs S41450.00*congestion

Asterisk denotes strength of level

02:45 GMT - Higher in consolidation from the 1460.00/1450.00 support as prices retrace losses from the 1537.00, March spike high. Bounce has seen gains to retest strong resistance at the 1487.00 2024/2025 year highs. Beyond this will see scope to the 1500.00 level. Corrective gains are expected to give way to renewed selling pressure later retrace gains from the 1420.00, January/February lows. Meanwhile, support is raised to 1472.00/1465.00 congestion area. Below this will expose the 1460.00/1450.00 area to retest and see room to extend losses from the 1537.00 high.

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Topics
USD/KRW-TA
EM-Technical
Technical Analysis

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