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21-DMA Now Capping *RES 4:.........>

DOLLAR-WON TECHS
DOLLAR-WON TECHS: 21-DMA Now Capping
*RES 4: Krw1090.7 - Daily Bear channel top
*RES 3: Krw1089.4 - 100-DMA
*RES 2: Krw1086.6 - High Feb 13
*RES 1: Krw1077.2 - 21-DMA
*PRICE: Krw1070.1 @ 2300GMT
*SUP 1: Krw1060.9 - Low Feb 16
*SUP 2: Krw1054.7 - 2018 Low
*SUP 3: Krw1045.6 - Monthly Low Oct 29 2014
*SUP 4: Krw1036.7 - Daily Bear channel base
*COMMENTARY: Hesitation ahead of the Krw1086.6-1098.4 resistance region where
the 100-DMA, 2018 high and bear channel top are situated remains a concern.
Bulls need a close above this region to initially target Krw1108.3-1121.8 where
the 200-DMA is noted. Correcting O/B studies remain a concern for bears. In
saying that, the close below the 55-DMA (Krw1173.6) leaves the pair looking
heavy adding weight to the case for a retest of 2018 lows.

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