Published: 2026-03-19T02:29:23.000Z
Chart USD/KRW Update: Consolidating gains to fresh year high
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Rebound from support at the 1487.00/1480.00 area has seen gains through the 1506.00 high to post fresh year high at 1510.00
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1540.00 | * | congestion | S1 | 1487.00 | * | 2024/2025 year high | |
| R3 | 1520.00 | * | congestion | S2 | 1480.00 | * | congestion | |
| R2 | 1518.00 | ** | 2008 year high | S3 | 1472.00 | ** | Feb high | |
| R1 | 1510.00 | * | 18 Mar YTD high | S4 | 1460.00 | * | congestion |
Asterisk denotes strength of level
02:25 GMT - Rebound from support at the 1487.00/1480.00 area has seen gains through the 1506.00 high to post fresh year high at 1510.00. Consolidation here see prices unwinding overbought intraday studies but positive daily and weekly studies suggest this giving way to further gains later. Higher will see room for extension to 1518.00/1520.00, 2008 year high and congestion area. Meanwhile, support at the 1487.00/1480.00 area is expected to underpin. Would take break here to fade the upside pressure and see room for deeper pullback to retrace gains from the February low.