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Published: 2026-05-25T02:56:13.000Z

Chart USD/KRW Update: Lower in consolidation from 1520.00 resistance

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Reaction at the 1520.00 resistance see prices unwinding overbought intraday and daily studies

 LevelsImpComment  LevelsImpComment
R41540.00 congestion S11500.00 congestion
R31537.00**31 Mar YTD high S21492.00*29 Apr high      
R21530.00*figure S31488.00*19 May low
R11520.00**congestion S41480.00**congestion

Asterisk denotes strength of level

02:50 GMT - Reaction at the 1520.00 resistance see prices unwinding overbought intraday and daily studies following strong gains from the 1440.00 low of 6 May. Pullback below the 1510.00 congestion will open up room for deeper pullback to the 1500.00 level. Below this will open up room for deeper pullback to strong support at the 1492.00/1488.00 area. Would take break here to fade the upside pressure and retrace strong gains from the 1440.00 low of 6 May to the 1480.00 congestion. Meanwhile, resistance at the 1520.00 high is expected to cap. 

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Topics
USD/KRW-TA
EM-Technical
Technical Analysis

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