Published: 2026-05-22T02:43:36.000Z
Chart USD/KRW Update: Pressuring 1510.00 resistance
1
Sustaining bounce from the 1440.00 low and channel support from the June low to pressure the 1510.00 resistance
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1537.00 | ** | 31 Mar YTD high | S1 | 1500.00 | congestion | ||
| R3 | 1530.00 | * | figure | S2 | 1492.00 | * | 29 Apr high | |
| R2 | 1520.00 | ** | congestion | S3 | 1488.00 | * | 19 May low | |
| R1 | 1510.00 | * | congestion | S4 | 1480.00 | ** | congestion |
Asterisk denotes strength of level
02:20 GMT - Sustaining bounce from the 1440.00 low and channel support from the June low to pressure the 1510.00 resistance. Break here and the 1513.00 mid-week high will see room for extension to resistance at 1520.00. Clearance, if seen, will return focus to the 1537.00 March current year high. Meanwhile, support is raised to the 1500.00 level. Below this will open up room for deeper pullback to support at the 1492.00/1488.00 area and then 1480.00 congestion which is expected to underpin. Break here will fade the upside pressure and retrace strong gains from the 1440.00 low of 6 May.