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Bulls Need Close Above 21-DMA......>

DOLLAR-WON TECHS
DOLLAR-WON TECHS: Bulls Need Close Above 21-DMA
*RES 4: Krw1087.6 - High Mar 1
*RES 3: Krw1085.5 - High Mar 23
*RES 2: Krw1082.7 - High May 9
*RES 1: Krw1072.5 - 21-DMA
*PRICE: Krw1069.1 @ 2300GMT
*SUP 1: Krw1061.6 - Bollinger band base
*SUP 2: Krw1058.7 - Low Apr 19
*SUP 3: Krw1052.0 - 2018 Low Apr 2
*SUP 4: Krw1045.6 - Monthly Low Oct 29 2014
*COMMENTARY: Failure to trouble the Krw1087.6 resistance has resulted in a
correction lower and close below key supports that sees focus return to the
Krw1052.0-1058.7 region where 2018 lows are noted. Bears need a close below 2018
lows to initially pressure Oct 2014 monthly lows with a close below then
targeting Krw1000.0-1010.9 last seen in 2014. Bulls now need a close above the
21-DMA to gain breathing room.

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