Published: 2026-05-06T02:41:05.000Z
Chart USD/KRW Update: Sharp break of 1470.00 support
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Sharply lower through support at the 1470.00 congestion as prices extend pullback from the 1492.00 high of last week
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1492.00 | ** | 29 Apr high | S1 | 1455.00 | ** | Apr low | |
| R3 | 1487.00 | * | 2024/2025 yr highs | S2 | 1445.00 | * | 200-day MA | |
| R2 | 1480.00 | * | congestion | S3 | 1440.00 | ** | congestion | |
| R1 | 1470.00 | * | congestion | S4 | 1430.00 | * | Dec low |
Asterisk denotes strength of level
02:35 GMT - Sharply lower through support at the 1470.00 congestion as prices extend pullback from the 1492.00 high of last week. Below the 1460.00 support expose the 1455.00 low of April to retest and threaten break here to extend the broader losses from 1537.00 March current year high. Lower will see room to the 200-day MA at 1445.00 and strong support at the 1440.00 congestion. Meanwhile, resistance is lowered to 1470.00 congestion which is expected to cap and sustain losses from the 1492.00 high of last week.