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Bulls Need Close Above Bear........>

DOLLAR-WON TECHS
DOLLAR-WON TECHS: Bulls Need Close Above Bear Channel Top
*RES 4: Krw1108.3 - Low Nov 1 now resistance
*RES 3: Krw1098.4 - 2018 High Feb 6
*RES 2: Krw1088.4 - Daily Bear channel top off Sept High
*RES 1: Krw1086.9 - 100-DMA
*PRICE: Krw1076.2 @ 2300GMT
*SUP 1: Krw1072.9 - 55-DMA
*SUP 2: Krw1067.8 - Low Feb 27
*SUP 3: Krw1060.9 - Low Feb 16
*SUP 4: Krw1054.7 - 2018 Low Jan 15
*COMMENTARY: The 100-DMA reconfirmed significance as resistance having so far
capped the recovery from Feb lows. Bulls need a close above the bear channel top
to confirm a break of the 100-DMA and hint at a move back to Krw1108.3-1121.8
where the 200-DMA (Krw1109.4) is found. The close below the 21-DMA Friday adds
weight to the bearish case with a close below Krw1067.8 now needed to confirm
initial focus on retests of 2018 lows.

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