Published: 2026-06-08T03:11:31.000Z
Chart USD/KRW Update: Consolidating at 1560.00 fresh multi-year high
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Settling back from the 1560.00 current year high as prices unwind overbought daily studies
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1600.00 | ** | figure | S1 | 1537.00 | * | Mar high | |
| R3 | 1597.00 | ** | Mar 2009 multi-year high | S2 | 1520.00 | ** | May high, congestion | |
| R2 | 1570.00 | * | congestion from Mar 2009 | S3 | 1500.00 | * | congestion | |
| R1 | 1560.00 | ** | 5 Jun YTD high | S4 | 1493.00 | * | 28 May low |
Asterisk denotes strength of level
03:00 GMT - Settling back from the 1560.00 current year high as prices unwind overbought daily studies. Pullback see support starting at the March high at 1537.00. Below this, will see room for deeper pullback to strong support at the 1520.00 May high which is expected to underpin. Break here will fade the upside pressure and see room for deeper corrective pullback to retrace strong gains from the 1440.00 May low. Meanwhile, resistance at 1560.00 high expected to cap. Clearance will see room for extension to 1570.00 congestion.