Published: 2026-07-13T03:25:45.000Z
Chart USD/KRW Update: Consolidating at 1498.00 low
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Turned up from the 1498.00 low as prices consolidate sharp losses from resistance at the June/July double top
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1540.00 | * | congestion | S1 | 1498.00 | 9 Jul low | ||
| R3 | 1537.00 | ** | March high | S2 | 1490.00 | * | congestion | |
| R2 | 1530.00 | * | congestion | S3 | 1487.00 | ** | 2024/2025 year highs | |
| R1 | 1520.00 | * | congestion | S4 | 1480.00 | ** | congestion, 38.2% |
Asterisk denotes strength of level
03:20 GMT - Turned up from the 1498.00 low as prices consolidate sharp losses from resistance at the June/July double top. Consolidation see prices unwinding oversold intraday studies with stretched daily chart suggest scope for corrective bounce towards resistance at the 1510.00/1520.00 congestion area which is expected to cap. Meanwhile, break of the 1500.00 level and 1498.00 low will see room for deeper pullback to retrace strong gains from the 1440.00 May low. Lower will see extension to support at 1490.00 congestion then strong support at 1487.00, 2024/2025 year highs.