Published: 2026-06-15T02:38:44.000Z
Chart USD/KRW Update: Extending losses from 1560.00 high
-
Consolidation above 1510.00 low has given way to renewed selling pressure to extend rejection from the 1560.00 high of last week
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1570.00 | * | congestion from Mar 2009 | S1 | 1500.00 | ** | congestion, 50% | |
| R3 | 1560.00 | ** | 5 Jun YTD high | S2 | 1490.00 | * | congestion | |
| R2 | 1537.00 | ** | Mar high | S3 | 1486.00 | * | 61.8% May/Jun rally | |
| R1 | 1520.00 | * | congestion | S4 | 1480.00 | ** | Jan high, congestion |
Asterisk denotes strength of level
02:35 GMT - Consolidation above 1510.00 low has given way to renewed selling pressure to extend rejection from the 1560.00 high of last week. Negative daily studies weighs and suggest scope for break lower to retrace strong gains from the 1440.00 May low and channel support. Lower will see room to support at 1500.00/1490.00 congestion area and 1486.00, 61.8% Fibonacci level. Meanwhile, resistance is lowered to 1520.00 congestion which is expected to cap and sustain losses from 1560.00 high.