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Published: 2026-02-26T02:58:03.000Z

Chart USD/KRW Update: Retest 1421.00, January low

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Break of support at the 1433.00/1430.00 area has seen losses to retest support at 1421.00/1420.00 low and congestion

 LevelsImpComment  LevelsImpComment
R41460.00*congestion S11421.00**28 Jan YTD low
R31453.00**19 Feb high S21415.00*16 Oct low, 50%
R21440.00*congestion S31410.00*congestion
R11430.00*Dec low, congestion S41400.00*61.8% Jun/Dec rally

Asterisk denotes strength of level

02:50 GMT - Break of support at the 1433.00/1430.00 area has seen losses to retest support at 1421.00/1420.00 low and congestion. Negative daily and weekly studies suggest consolidation here giving way to selling pressure later to retrace the June/December rally. Break here will see continuation to the 1415.00 support and 50% Fibonacci level. Lower still, will see room for extension to the 1410.00/1400.00 congestion and 61.8% Fibonacci level. Meanwhile, resistance is lowered to 1430.00 congestion which is expected to cap.

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Topics
USD/KRW-TA
EM-Technical
Technical Analysis

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