Published: 2026-05-19T02:26:34.000Z
Chart USD/KRW Update: Still room to extend gains
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Consolidating gains to Friday's high at 1507.00 but pressure remains on the upside
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1537.00 | ** | 31 Mar YTD high | S1 | 1500.00 | ** | 13 May high, congestion | |
| R3 | 1520.00 | ** | congestion | S2 | 1492.00 | * | congestion | |
| R2 | 1510.00 | * | congestion | S3 | 1480.00 | ** | congestion | |
| R1 | 1507.00 | * | 15 May high | S4 | 1470.00 | * | congestion |
Asterisk denotes strength of level
02:25 GMT - Consolidating gains to Friday's high at 1507.00 but pressure remains on the upside. Positive daily and weekly studies suggest scope for break here to further extend gains from the 1440.00 low and channel support from the June 2025 year low. Higher will see room for extension to the strong resistance at the 1510.00/1520.00 congestion area. Meanwhile, support remains at the 1492.00/1490.00 congestion area which should underpin. Would take break here and the strong support at 1480.00 to fade the upside pressure and see pullback to channel support.