Published: 2026-03-17T02:50:23.000Z
Chart USD/KRW Update: Lower in consolidation from 1500.00
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Lower in consolidation from test of the 1500.00 level to leave the 1506.00 current year high intact
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1520.00 | * | congestion | S1 | 1487.00 | * | 2024/2025 year high | |
| R3 | 1518.00 | ** | 2008 year high | S2 | 1480.00 | * | congestion | |
| R2 | 1506.00 | ** | 3 Mar YTD high | S3 | 1472.00 | ** | Feb high | |
| R1 | 1500.00 | * | figure | S4 | 1460.00 | * | congestion |
Asterisk denotes strength of level
02:40 GMT - Lower in consolidation from test of the 1500.00 level to leave the 1506.00 current year high intact. While the latter cap, scope is seen for consolidation to settled back to the 1487.00/1480.00 congestion area and strong support at the 1472.00, February high. Would take break of the latter to fade the upside pressure and open up room for deeper pullback to retrace gains from the 1421.00/1420.00 lows. Break of the 1500.00/1506.00 resistance, if seen, will extend the broad underlying bull trend from the 2014 year low and see room to the retest 2008 year high at 1518.00 then 1520.00 congestion.