Published: 2026-05-26T02:37:08.000Z
Chart USD/KRW Update: Lower in consolidation
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Leaning lower from test of the 1520.00 resistance as prices consolidate strong gains from the 1440.00 low of 6 May
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1540.00 | congestion | S1 | 1500.00 | * | congestion | ||
| R3 | 1537.00 | ** | 31 Mar YTD high | S2 | 1492.00 | * | 29 Apr high | |
| R2 | 1530.00 | * | figure | S3 | 1488.00 | * | 19 May low | |
| R1 | 1520.00 | ** | congestion | S4 | 1480.00 | ** | congestion |
Asterisk denotes strength of level
02:30 GMT - Leaning lower from test of the 1520.00 resistance as prices consolidate strong gains from the 1440.00 low of 6 May. Pullback see room to support at the 1505.00/1500.00 congestion area. Below this will open up room for deeper pullback to strong support at the 1492.00/1488.00 area. Would take break here to fade the upside pressure and retrace strong gains from the 1440.00 low to the 1480.00 congestion. Meanwhile, resistance at the 1520.00 high is expected to cap.