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Published: 2026-02-20T02:35:59.000Z

Chart USD/KRW Update: Extend consolidation above 1440.00 support

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Higher in consolidation above the 1440.00 level as prices unwind oversold daily studies to reach resistance at the 1450.00 congestion

 LevelsImpComment  LevelsImpComment
R41481.00**21 Jan YTD high S11440.00*congestion               
R31472.00**5 Feb high S21430.00*congestion
R21460.00*congestion S31421.00**28 Jan YTD low        
R11450.00*congestion S41415.00*16 Oct low

Asterisk denotes strength of level

02:25 GMT - Higher in consolidation above the 1440.00 level as prices unwind oversold daily studies to reach resistance at the 1450.00 congestion. Break here will see room for extension to 1460.00 congestion and the 1470.00/1472.00 congestion and 5 February high. Choppy trade above the 1430.00/1420.00 December/January lows see prices tracing out a potential top pattern and where break will see deeper pullback to retrace the June/December rally to support at 1415.00 and the 1400.00 congestion.

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Topics
USD/KRW-TA
EM-Technical
Technical Analysis

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