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200-DMA Resistance Key This Week...>

DOLLAR-WON TECHS
DOLLAR-WON TECHS: 200-DMA Resistance Key This Week
*RES 4: Krw1098.4 - 2018 High Feb 6
*RES 3: Krw1088.1 - 200-DMA
*RES 2: Krw1087.6 - High Mar 1
*RES 1: Krw1086.7 - High May 21
*PRICE: Krw1080.5 @ 2300GMT
*SUP 1: Krw1072.0 - 55-DMA
*SUP 2: Krw1063.3 - Low May 10
*SUP 3: Krw1058.7 - Low Apr 19
*SUP 4: Krw1052.0 - 2018 Low Apr 2
*COMMENTARY: Broad sideways trading continues with the 200-DMA resistance
remaining key topside. Bulls continue to look for a close above the 200-DMA to
confirm a break higher with immediate focus shifting to test of 2018 highs and
the 55-WMA (Krw1098.6). Bears now need a close below the 55-DMA to gain
breathing room and below Krw1063.3 to confirm a break lower and shift immediate
focus to tests of 2018 lows.

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