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Bears Focused On...................>

DOLLAR-WON TECHS
DOLLAR-WON TECHS: Bears Focused On Krw1045.6-1048.5
*RES 4: Krw1082.8 - High Dec 21
*RES 3: Krw1080.6 - 21-DMA
*RES 2: Krw1076.0 - High Dec 28
*RES 1: Krw1070.0 - Low Dec 28 now resistance
*PRICE: Krw1062.2 @ 2300GMT
*SUP 1: Krw1060.2 - 2018 Low Jan 5
*SUP 2: Krw1048.5 - Daily Bear channel base
*SUP 3: Krw1045.6 - Monthly Low Oct 29 2014
*SUP 4: Krw1031.0 - Low Sept 17 2014
*COMMENTARY: The pair remains heavy with bearish closes to start the new year
seeing focus on layers of support Krw1045.6-1048.5 where the bear channel base
is situated. O/S daily studies and the Bollinger band base remain key concerns
for bears. In saying that, layers of resistance are weighing with bulls needing
a close above Krw1070.1 to ease bearish pressure and above Krw1082.8 to shift
focus to Krw1096.2-1101.4 where the 55-DMA is noted.

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