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Bears Dominate While 55-DMA Caps...>

DOLLAR-WON TECHS
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.

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