Published: 2026-06-19T02:40:30.000Z
Chart USD/KRW Update: Room to further extend bounce from 1505.00 low
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Rebound from the 1505.00 low has seen gains through the 1537.00 March high to reach 1543.00 high
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1597.00 | ** | 6 Mar 2009 mylti-yr high | S1 | 1520.00 | * | congestion | |
| R3 | 1570.00 | * | congestion from Mar 2009 | S2 | 1505.00 | ** | 15 Jun low | |
| R2 | 1560.00 | ** | 5 Jun YTD high | S3 | 1500.00 | * | congestion | |
| R1 | 1543.00 | * | 18 Jun high | S4 | 1493.00 | * | 28 May low |
Asterisk denotes strength of level
02:35 GMT - Rebound from the 1505.00 low has seen gains through the 1537.00 March high to reach 1543.00 high. Daily studies are tracking higher from oversold areas and suggest scope for extension to retest the 1560.00 high and channel resistance from June 2025 low. Would expect reaction here while a later break will further extend the underlying bull trend from 2014 year low. Meanwhile, support is raised to 1520.00 congestion which should underpin and sustain bounce from the 1505.00 low.