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Broad Sideways Trading Continues...>

DOLLAR-WON TECHS
DOLLAR-WON TECHS: Broad Sideways Trading Continues
*RES 4: Krw1093.6 - 200-DMA
*RES 3: Krw1087.6 - High Mar 1
*RES 2: Krw1085.5 - High Mar 23
*RES 1: Krw1082.7 - High May 9
*PRICE: Krw1079.4 @ 2300GMT
*SUP 1: Krw1073.6 - 21-DMA
*SUP 2: Krw1063.3 - Low May 10
*SUP 3: Krw1062.5 - Bollinger band base
*SUP 4: Krw1058.7 - Low Apr 19
*COMMENTARY: The pair is pressuring the Krw1082.7-1087.6 resistance region once
again as broad Krw1052.0-1087.6 sideways trading persists. Bulls continue to
look for a close above Krw1087.6 to confirm focus on Krw1093.6-1098.4 where the
200-DMA and 2018 high are located. Bears now need a close below the 21-DMA to
return pressure to Krw1063.3 and below this level to initially target 2018 lows
(Krw1052.0).

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