Published: 2026-07-06T03:13:53.000Z
Chart USD/KRW Update: Range-bound in consolidation, room for lower later
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Range-bound as prices consolidate at the 1530.00 level following pullback from below the 1560.00 resistance
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1590.00 | * | congestion | S1 | 1530.00 | * | congestion | |
| R3 | 1570.00 | * | congestion from Mar 2009 | S2 | 1520.00 | ** | congestion | |
| R2 | 1560.00 | ** | 5 Jun YTD high | S3 | 1505.00 | ** | 15 Jun low | |
| R1 | 1550.00 | congestion | S4 | 1500.00 | figure |
Asterisk denotes strength of level
03:10 GMT - Range-bound as prices consolidate at the 1530.00 level following pullback from below the 1560.00 resistance. Negative daily studies suggest consolidation giving way to renewed selling pressure later. Below 1530.00 level will see room for deeper pullback to support at the 1520.00, May high. Lower still, will see room to strong support at the 1505.00 mid-June low. Below here will see deeper pullback retrace strong gains from the 1440.00 May low. Meanwhile, resistance is lowered to the 1540.00 congestion which is expected to cap and sustain pullback from the 1560.00 June current year high.