Published: 2026-03-31T03:01:49.000Z
Chart USD/KRW Update: Break to fresh year high
-
Consolidation below the 1510.00/1518.00 highs has given way to break to reach fresh year high at 1528.00
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1597.00 | ** | Mar 2009 year high | S1 | 1510.00 | * | 18 Mar high | |
| R3 | 1560.00 | * | congestion | S2 | 1500.00 | * | congestion | |
| R2 | 1540.00 | * | congestion | S3 | 1487.00 | * | 2024/2025 year highs | |
| R1 | 1528.00 | intraday high | S4 | 1480.00 | ** | Nov high, congestion |
Asterisk denotes strength of level
02:50 GMT - Consolidation below the 1510.00/1518.00 highs has given way to break to reach fresh year high at 1528.00. The daily and weekly studies continues to track higher and and suggest scope for further gains to extend the underlying bull trend from the 2014 year low. Higher, will see room to the 1540.00/1560.00 congestion area. Beyond this will return focus to the 1597.00, March 2009 year high. Meanwhile, support is raised to the 1510.00/1500.00 area which is expected to underpin. Below here will open up room for retest of the strong support at the 1487.00/1480.00 area.