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Published: 2026-04-07T02:38:48.000Z

Chart USD/KRW Update: Lower in consolidation below 1510.00/1518.00 resistance

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Little change, as prices extend consolidation below the 1510.00/1518.00 resistance

 LevelsImpComment  LevelsImpComment
R41540.00*congestion S11500.00*congestion
R31537.00**31 Mar YTD high    S21487.00*2024/2025 year highs
R21518.00*23 Mar high S31480.00**Nov high, congestion
R11510.00*congestion S41472.00**Feb high

Asterisk denotes strength of level

02:35 GMT - Little change, as prices extend consolidation below the 1510.00/1518.00 resistance as prices unwind overbought daily studies following rejection from the 1537.00 spike high. Consolidation see support at the 1500.00 congestion which now underpin. Below here will open up room to retest strong support at the 1487.00/1480.00 congestion area. Break here will see deeper pullback to retrace gains from the 1420.00, January/February lows. Meanwhile, resistance at the 1510.00/1518.00 area is expected to cap. Clearance here needed to expose the pin bar high at 1537.00 to retest.

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Topics
USD/KRW-TA
EM-Technical
Technical Analysis

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