Published: 2026-04-23T02:33:45.000Z
Chart USD/KRW Update: Consolidating test of 1487.00 strong resistance
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Lower in consolidation from test of strong resistance at the 1487.00, 2024/2025 year highs
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1520.00 | * | congestion | S1 | 1472.00 | * | 5 Feb high | |
| R3 | 1510.00 | * | congestion | S2 | 1465.00 | * | congestion | |
| R2 | 1500.00 | ** | congestion | S3 | 1460.00 | * | congestion | |
| R1 | 1487.00 | ** | 2024/2025 yr highs | S4 | 1450.00 | * | congestion |
Asterisk denotes strength of level
02:25 GMT - Lower in consolidation from test of strong resistance at the 1487.00, 2024/2025 year highs. Clearance here, if seen, will see scope to the 1500.00 level. Corrective gains are expected to give way to renewed selling pressure later to retrace gains from the 1420.00, January/February lows. Meanwhile, support is raised to 1472.00/1465.00 congestion area. Below this will expose support at the 1460.00/1450.00 area to retest and see room to extend losses from the 1537.00, March YTD high.