Published: 2026-07-28T03:00:45.000Z
Chart USD/KRW Update: Consolidating sharp July losses
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Turned up from the 1458.00 low as prices consolidate sharp losses from the 1560.00 high
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1500.00 | * | congestion | S1 | 1458.00 | * | 27 Jul low | |
| R3 | 1487.00 | ** | 2024/2025 yr highs | S2 | 1455.00 | * | 50% 2025/2026 rally | |
| R2 | 1480.00 | * | congestion | S3 | 1440.00 | ** | May low | |
| R1 | 1472.00 | 21 Jul low | S4 | 1430.00 | Dec low |
Asterisk denotes strength of level
02:50 GMT - Turned up from the 1458.00 low as prices consolidate sharp losses from the 1560.00 high as daily studies unwind oversold readings. Bounce see resistance starting at the 1472.00 low of 21 July and regaining this will open up room for stronger corrective gains to strong resistance at the 1480.00/1487.00 area. Consolidation is expected to give way to renewed selling pressure later. Below the 1458.00 low and the 1455.00 support will see deeper pullback to retrace rally from the June 2025 year low and see room to 1440.00 May low.