Published: 2026-03-24T02:55:14.000Z
Chart USD/KRW Update: Range-bound in consolidation
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Turned up from the 1487.00/1480.00 support as prices consolidate rejection from test of the 1518.00, 2008 year high
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1540.00 | * | congestion | S1 | 1487.00 | * | 2024/2025 year high | |
| R3 | 1520.00 | * | congestion | S2 | 1480.00 | * | congestion | |
| R2 | 1518.00 | ** | 2008, 23 Mar YTD high | S3 | 1472.00 | ** | Feb high | |
| R1 | 1510.00 | * | 18 Mar high | S4 | 1460.00 | * | congestion |
Asterisk denotes strength of level
02:45 GMT - Turned up from the 1487.00/1480.00 support as prices consolidate rejection from test of the 1518.00, 2008 year high. Daily studies have turned lower to unwind overbought readings and suggest scope for deeper pullback from the 1518.00 high. Would take break of the 1487.00/1480.00 support and 1472.00 high of February to fade the upside pressure and see deeper pullback to retrace gains from the February low. Meanwhile, resistance at the 1510.00/1518.00 highs are expected to cap. Clearance will see room to 1520.00/1540.00 area.