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Bulls Focused On 2018 High *RES....>

DOLLAR-WON TECHS
DOLLAR-WON TECHS: Bulls Focused On 2018 High
*RES 4: Krw1113.0 - Low Nov 14 now resistance
*RES 3: Krw1108.3 - Low Nov 1 now resistance
*RES 2: Krw1098.9 - 55-WMA
*RES 1: Krw1098.4 - 2018 High Feb 6
*PRICE: Krw1090.4 @ 2300GMT
*SUP 1: Krw1087.7 - 200-DMA
*SUP 2: Krw1077.9 - High June 8 now support
*SUP 3: Krw1073.1 - 55-DMA
*SUP 4: Krw1063.3 - Low May 10
*COMMENTARY: The close above the 200-DMA ends the broad sideways trading and
sees bulls now focused on the 2018 high and the 55-WMA. The Bollinger top
(Krw1089.4) is the key concern for bulls with potential to limit follow through.
Bears now need a close below the 200-DMA to gain breathing room and below the
55-DMA to shift focus back to Krw1052.0-1063.3 where 2018 lows are located.

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