Published: 2026-04-14T02:49:49.000Z
Chart USD/KRW Update: Consolidating, room for lower later
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Consolidating at the 1480.00 level following rejection below resistance at the 1500.00 level
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1518.00 | * | 23 Mar high | S1 | 1472.00 | ** | Feb high | |
| R3 | 1510.00 | * | congestion | S2 | 1465.00 | * | 61.8% Feb/Mar rally | |
| R2 | 1500.00 | ** | congestion | S3 | 1460.00 | * | congestion | |
| R1 | 1487.00 | ** | 2024/2025 yr highs | S4 | 1450.00 | * | congestion |
Asterisk denotes strength of level
02:40 GMT - Consolidating at the 1480.00 level following rejection below resistance at the 1500.00 level as prices unwind oversold daily studies. This is expected to give way to renewed selling pressure to retest support at 1472.00, February high. Break here will see room to further retrace the January/March gains and see extension to 1465.00, 61.8% Fibonacci retracement. Lower still, will see room to the 1460.00/1450.00 congestion. Meanwhile, resistance is lowered to 1487.00, 2024 and 2025 year highs, which is expected to cap.