Published: 2026-04-30T03:00:12.000Z
Chart USD/KRW Update: Extending corrective gains
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Bounce from the 1472.00/1470.00 support has seen rally to retest resistance at the 1487.00/1490.00 area
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1520.00 | * | congestion | S1 | 1472.00 | ** | 5 Feb high | |
| R3 | 1510.00 | * | congestion | S2 | 1465.00 | * | congestion | |
| R2 | 1500.00 | ** | congestion | S3 | 1460.00 | * | congestion | |
| R1 | 1490.00 | * | congestion | S4 | 1455.00 | ** | 17 Apr low |
Asterisk denotes strength of level
02:50 GMT - Bounce from the 1472.00/1470.00 support has seen rally to retest resistance at the 1487.00/1490.00 area. Above here will see room for extension to 1500.00 level where reaction can be expected. Clearance, if seen, will open up room for stronger gains to the 1510.00/1520.00 area. Corrective gains are expected to give way to renewed selling pressure later. Meanwhile, support is raised to the 1472.00/1470.00 area. Break here needed to return focus to the downside for retest of 1460.00 congestion and 1455.00, 17 April low.