Published: 2026-06-04T02:41:57.000Z
Chart USD/KRW Update: Consolidating retest of 1537.00 YTD high
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Break above the 1520.00 May high has seen gains to tag the 1537.00 March current year high and channel resistance from the June low
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1597.00 | ** | Mar 2009 multi-year high | S1 | 1520.00 | * | May high, congestion | |
| R3 | 1560.00 | * | congestion from Mar 2009 | S2 | 1500.00 | * | congestion | |
| R2 | 1540.00 | congestion | S3 | 1492.00 | * | 29 Apr high | ||
| R1 | 1537.00 | ** | 31 Mar YTD high | S4 | 1480.00 | ** | congestion |
Asterisk denotes strength of level
02:35 GMT - Break above the 1520.00 May high has seen gains to tag the 1537.00 March current year high and channel resistance from the June low. Prices has since settled back in consolidation as prices unwind overbought intraday studies. However, bullish gains from the June 2025 year low suggest scope for break to open up room to the 1540.00/1560.00 congestion area from March 2009. Meanwhile, support is raised to the 1520.00 congestion which should underpin and sustain gains from support at the 1500.00/1492.00 area.