Published: 2026-03-04T03:17:39.000Z
Chart USD/KRW Update: Consolidating spike to 1506.00 high
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Volatile trade has seen spike to fresh year high at 1506.00 ahead of sharp pullback consolidate at the 1480.00 level
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1506.00 | ** | 3 May YTD high | S1 | 1472.00 | ** | 5 Feb high | |
| R3 | 1500.00 | * | congestion | S2 | 1460.00 | * | congestion | |
| R2 | 1487.00 | * | 2024/2025 yr highs | S3 | 1450.00 | * | congestion | |
| R1 | 1484.00 | * | Dec high | S4 | 1440.00 | * | congestion |
Asterisk denotes strength of level
03:10 GMT - Volatile trade has seen spike to fresh year high at 1506.00 ahead of sharp pullback consolidate at the 1480.00 level. Pullback see prices unwinding overbought intraday and daily studies with resistance at the 1484.00/1487.00 area expected cap for now but a later break cannot be ruled out later. Break will return focus to the 1500.00/1506.00 congestion and high. Meanwhile, support is raised to 1472.00 February high which should underpin. Would take break here to ease the downside pressure and see room for deeper pullback to 1460.00/1450.00 area.