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21 & 55-DMAs Key Support *RES 4:...>

DOLLAR-WON TECHS
DOLLAR-WON TECHS: 21 & 55-DMAs Key Support
*RES 4: Krw1107.5 - High Nov 16
*RES 3: Krw1101.4 - High Nov 20
*RES 2: Krw1099.3 - 100-DMA
*RES 1: Krw1087.6 - Low Feb 5 now resistance
*PRICE: Krw1086.6 @ 2300GMT
*SUP 1: Krw1077.8 - 55-DMA
*SUP 2: Krw1076.0 - High Dec 28 now support
*SUP 3: Krw1073.9 - High Jan 30 now support
*SUP 4: Krw1071.3 - 21-DMA
*COMMENTARY: The failure ahead of the 100-DMA has resulted in pressure returning
to the Krw1071.3-1077.8 support region where 55 & 21-DMAs are situated. Bears
need a close below the 55-DMA to hint at a correction back to 2018 lows with
below the 21-DMA to confirm. Bulls now need a close above Krw1101.4 to confirm a
break of the 100-DMA and shift focus to Krw1107.5-1116.6 where the 200-DMA is
located.

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