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Published: 2026-05-21T02:22:28.000Z

Chart USD/KRW Update: Lower in range from 1510.00 resistance

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Settled back in range after failing to sustain break above the 1510.00 resistance

 LevelsImpComment  LevelsImpComment
R41537.00**31 Mar YTD high S11492.00*29 Apr high  
R31530.00*figure S21488.00*19 May low
R21520.00**congestion S31480.00**congestion
R11510.00*congestion S41470.00*congestion

Asterisk denotes strength of level

02:20 GMT - Settled back in range after failing to sustain break above the 1510.00 resistance as bullish momentum wane. Intraday and daily studies are stretched and caution corrective pullback. Support is raised to the 1492.00/1488.00 area and see break here needed to open up room for deeper pullback to strong support at the 1480.00 congestion. Break here will fade the upside pressure and retrace strong gains from the 1440.00 low of 6 May. Meanwhile, resistance at the 1510.00 congestion and 1513.00 high are expected to cap.

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Topics
USD/KRW-TA
EM-Technical
Technical Analysis

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