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Futures Off Lows Overnight


CPI In The Spotlight


(Z1) Downside Pressure Resumes

Above Krw1101.4 Initially..........>

DOLLAR-WON TECHS: Above Krw1101.4 Initially Pressures Krw1107.5-1110.5
*RES 4: Krw1110.5 - Low Mar 28 now resistance
*RES 3: Krw1107.5 - High Nov 16
*RES 2: Krw1101.4 - High Nov 20
*RES 1: Krw1096.2 - High Dec 7
*PRICE: Krw1092.4 @ 2300GMT
*SUP 1: Krw1088.0 - Low Dec 12
*SUP 2: Krw1080.3 - Low Nov 30
*SUP 3: Krw1075.5 - 2017 Low Nov 29
*SUP 4: Krw1066.6 - 2015 Low Apr 29 2015
*COMMENTARY: The lack of follow through after recent 2017/2+ year lows now sees
the pair flirting with the 21-DMA (Krw1092.3). Bulls still need a close above
Krw1101.4 to confirm a break of the 21-DMA and shift focus to Krw1107.5-1110.5.
Bears now look for a close below Krw1088.0 to gain breathing room and below
Krw1080.3 to retain focus on 2015 lows and then the Krw1045.6 Oct monthly low
from 2014.