Published: 2026-05-04T02:59:38.000Z
Chart USD/KRW Update: Weighing on 1472.00/1470.00 support
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Weighing on the 1472.00/1470.00 support following rejection from the 1492.00 bounce high
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1500.00 | * | congestion | S1 | 1470.00 | * | congestion | |
| R3 | 1492.00 | ** | 29 Apr high | S2 | 1465.00 | * | congestion | |
| R2 | 1487.00 | ** | 2024/2025 yr highs | S3 | 1460.00 | * | congestion | |
| R1 | 1480.00 | * | congestion | S4 | 1455.00 | ** | 17 Apr low |
Asterisk denotes strength of level
02:50 GMT - Weighing on the 1472.00/1470.00 support following rejection from the 1492.00 bounce high. Consolidation here is expected to give way to break to return focus to the downside for retest of 1460.00 congestion and 1455.00, 17 April low. Below this will see deeper pullback to retrace February/March rally and see room to 1450.00/1440.00 congestion area. Meanwhile, resistance is lowered to 1480.00 congestion which is expected to cap and sustain losses from the 1492.00 bounce high.