Published: 2026-04-09T02:50:12.000Z
Chart USD/KRW Update: Consolidating test of 1472.00 support
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Losses through strong support at the 1487.00/1480.00 congestion area has seen extension to reach the 1472.00 support
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1518.00 | * | 23 Mar high | S1 | 1472.00 | ** | Feb high | |
| R3 | 1510.00 | * | congestion | S2 | 1465.00 | * | 61.8% Feb/Mar rally | |
| R2 | 1500.00 | ** | congestion | S3 | 1460.00 | * | congestion | |
| R1 | 1487.00 | * | 2024, 2025 year highs | S4 | 1450.00 | congestion |
Asterisk denotes strength of level
02:45 GMT - Losses through strong support at the 1487.00/1480.00 congestion area has seen extension to reach the 1472.00 support. Bounce here see prices consolidating sharp drop from the 1510.00 level but negative daily and weekly studies highlight risk for further losses later. Lower will see room to further retrace the January/March gains and see extension to 1465.00, 61.8% Fibonacci retracement and 1460.00 congestion. Meanwhile, resistance is lowered to 1487.00, 2024 and 2025 year highs, which is expected to cap and sustain losses from the 1537.00 YTD high.