Bears Dominate While 55-DMA Caps...>

DOLLAR-WON TECHS: Bears Dominate While 55-DMA Caps

*RES 4: Krw1133.5 - 55-DMA

*RES 3: Krw1131.5 - High Aug 25

*RES 2: Krw1131.3 - 100-DMA

*RES 1: Krw1128.7 - High Aug 29

*PRICE: Krw1127.8 @ 2300GMT

*SUP 1: Krw1119.0 - Low Aug 28

*SUP 2: Krw1117.8 - Bollinger band base

*SUP 3: Krw1114.3 - High July 27 now support

*SUP 4: Krw1110.5 - 2017 Low Mar 28

*COMMENTARY: Daily studies correcting from O/S remain the key concern for bears.

In saying that, layers of resistance remain Krw1128.7-1133.5 with bulls needing

a close above the 55-DMA to end bearish hopes and shift focus to

Krw1140.1-1148.1 where the 200-DMA (Krw1146.2) is located. While the 55-DMA caps

bears retain an advantage and look for a close below Krw1119.0 to reconfirm

focus on tests of 2017 lows.