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

DOLLAR-WON TECHS
DOLLAR-WON TECHS: Bulls Need Close Above Bear Channel Top
*RES 4: Krw1087.6 - High Mar 1
*RES 3: Krw1081.1 - Bollinger band top
*RES 2: Krw1076.3 - Daily Bear channel top off Sept High
*RES 1: Krw1075.8 - High Mar 27
*PRICE: Krw1064.5 @ 2300GMT
*SUP 1: Krw1061.3 - Low Apr 6
*SUP 2: Krw1052.0 - 2018 Low Apr 2
*SUP 3: Krw1045.6 - Monthly Low Oct 29 2014
*SUP 4: Krw1020.1 - Daily bear channel base
*COMMENTARY: The pop above 55 (Krw1071.8) & 100 (Krw1072.8) DMAs lacked follow
through Monday with bulls continuing to look for a close above the bear channel
top to gain breathing room and above Krw1087.6 to confirm a shift in focus to
Krw1098.2-1108.3 where the 200-DMA (Krw1098.2) and 2018 highs are located. The
closes below the 21-DMA (Krw1066.7) ease pressure on resistance layers with
below Krw1061.3 to reconfirm overall focus on the bear channel base.

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