Published: 2026-03-03T03:08:19.000Z
Chart USD/KRW Update: Extending gains
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Sharply higher to extend bounce from support at 1420.00 low to approach resistance at 1472.00
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1487.00 | ** | 2024/2025 yr highs | S1 | 1450.00 | * | congestion | |
| R3 | 1484.00 | ** | Dec high | S2 | 1440.00 | * | congestion | |
| R2 | 1481.00 | ** | 21 Jan YTD high | S3 | 1430.00 | * | Dec low | |
| R1 | 1472.00 | * | 5 Feb high | S4 | 1420.00 | ** | 26 Feb YTD low |
Asterisk denotes strength of level
03:00 GMT - Sharply higher to extend bounce from support at 1420.00 low to approach resistance at 1472.00 as prices extend choppy trade within the broad 1481.00/1420.00 area. Daily studies are tracking higher and break above the 1472.00 resistance will clear the way for retest of the 1481.00 January current year high and 1484.00, December 2025 high. However, these highs are expected to cap and give way to renewed selling pressure later. Meanwhile, support is raised to 1460.00/1450.00 congestion area which should underpin and sustain bounce from the 1420.00 low.