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Published: 2026-03-27T02:42:42.000Z

Chart USD/KRW Update: Pressuring 1510.00/1518.00 highs

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Higher in consolidation with break above the 1500.00 level opening up the 1510.00/1518.00 highs to retest

 LevelsImpComment  LevelsImpComment
R41540.00*congestion S11500.00*congestion
R31520.00*congestion S21487.00*2024/2025 year high  
R21518.00**2008, 23 Mar YTD high S31480.00*congestion
R11510.00*18 Mar high S41472.00**Feb high

Asterisk denotes strength of level

02:35 GMT - Higher in consolidation with break above the 1500.00 level opening up the 1510.00/1518.00 highs and channel resistance from the June 2025 low to retest. Daily and weekly studies remains positive and suggest scope for break here to extend the underlying bull trend from the 2014 low and see room to target congestion at the 1520.00/1540.00 area. Meanwhile, support is raised to the 1500.00 level which is expected to underpin and sustain bounce from support at the 1487.00/1480.00 area.

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Topics
USD/KRW-TA
EM-Technical
Technical Analysis

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