Published: 2026-06-18T02:49:34.000Z
Chart USD/KRW Update: Turned up from 1505.00 low
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Consolidation above the 1505.00 low has given way to rebound to reach 1530.00 high
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1570.00 | * | congestion from Mar 2009 | S1 | 1520.00 | * | congestion | |
| R3 | 1560.00 | ** | 5 Jun YTD high | S2 | 1505.00 | ** | 15 Jun low | |
| R2 | 1537.00 | ** | Mar high | S3 | 1500.00 | * | congestion | |
| R1 | 1530.00 | 17 Jun high | S4 | 1493.00 | * | 28 May low |
Asterisk denotes strength of level
02:40 GMT - Consolidation above the 1505.00 low has given way to rebound to reach 1530.00 high. Daily studies are unwinding oversold readings and suggest scope for further gains to retest 1537.00 March high. Break here, if seen, will return focus to the upside and set up scope for retest of the 1560.00 high and channel resistance from June 2025 low. Meanwhile, support is raised to 1520.00 congestion which should underpin and sustain bounce from the 1505.00 low.