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At close · Mon, Aug 10, 2026
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Home›Forex›Major Pairs›USD/KRW tests 200-day moving average near 1,560 after…

USD/KRW tests 200-day moving average near 1,560 after failed breakout

Societe Generale’s technical team says the pair failed twice near the June high around 1,561 and is now eyeing support at 1,464/1,461.

Reported · Written up by our desk · Major Pairs

Societe Generale’s technical team at FXStreet said USD/KRW failed twice to break above the June high near 1,561, which has fed into a deeper decline toward the 200-day moving average.

The pair is now testing that key moving average, with the next support zone identified near a multi-month ascending trend line around 1,464/1,461.

FXStreet added that a rebound from this area could face a cap at the recent pivot high near 1,491, keeping downside risks in focus.

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Sources

FXStreetSouth Korean Won: Support cluster near 1,464/1,461 – Societe Generale

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