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Bears Focused On 2017 Low *RES.....>

DOLLAR-WON TECHS
DOLLAR-WON TECHS: Bears Focused On 2017 Low
*RES 4: Krw1140.1 - Low Aug 18 now resistance
*RES 3: Krw1133.5 - 55-DMA
*RES 2: Krw1131.5 - High Aug 25
*RES 1: Krw1123.0 - Low Aug 3 now resistance
*PRICE: Krw1120.1 @ 2300GMT
*SUP 1: Krw1115.4 - Bollinger band base
*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: Failure to trouble the 200-DMA left the pair looking heavy
resulting in closes below 21, 55 & 100-DMAs last week. The gapping move below
Krw1123.0 adds weight to the bearish case with focus currently on tests of 2017
lows. Layers of resistance are following the pair lower. Bulls now need a close
above Krw1123.0 to gain breathing room and above the 55-DMA to shift focus back
to Krw1140.1-1148.1 where the 200-DMA (Krw1146.5) is located.

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