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Bulls Need Close Above Krw1076.0...>

DOLLAR-WON TECHS
DOLLAR-WON TECHS: Bulls Need Close Above Krw1076.0
*RES 4: Krw1086.8 - 55-DMA
*RES 3: Krw1082.8 - High Dec 21
*RES 2: Krw1076.0 - High Dec 28
*RES 1: Krw1071.4 - Daily Bear channel top
*PRICE: Krw1070.7 @ 2300GMT
*SUP 1: Krw1062.2 - Low Jan 16
*SUP 2: Krw1058.8 - 2018 Low Jan 8
*SUP 3: Krw1045.6 - Monthly Low Oct 29 2014
*SUP 4: Krw1037.9 - Daily Bear channel base
*COMMENTARY: Failure to trouble 2018 lows saw the pair flirting with the 21-DMA
(Krw1069.4) last week and capped ahead of the bear channel top. Bulls need a
close above Krw1076.0 to confirm a break of the 21-DMA and bear channel top,
shifting immediate focus to Krw1082.8-1086.8 where the 55-DMA is located.
Support layers are starting to build. Bears now need a close below Krw1058.8 to
reconfirm focus on Krw1038.9-1045.6 where the channel base is found.

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