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55-DMA Resistance Key *RES 4:......>

DOLLAR-WON TECHS
DOLLAR-WON TECHS: 55-DMA Resistance Key
*RES 4: Krw1147.1 - Low July 4 now resistance
*RES 3: Krw1146.7 - 200-DMA
*RES 2: Krw1139.8 - High July 13
*RES 1: Krw1130.23- 55-DMA
*PRICE: Krw1125.1 @ 2300GMT
*SUP 1: Krw1123.0 - Low Aug 3
*SUP 2: Krw1114.3 - High July 27 now support
*SUP 3: Krw1110.5 - 2017 Low Mar 28
*SUP 4: Krw1107.0 - Low Oct 10
*COMMENTARY: Bears take comfort in hesitation ahead of key DMAs with bulls
needing a close above the 55-DMA to confirm a shift in focus to Krw1139.8-1147.1
where the 200-DMA is located. Initial support is noted at Krw1123.0 with bears
needing a close below to ease pressure on key DMAs and shift focus back to tests
of 2017 lows. Daily studies approaching O/B are the key concern for bulls.