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Bulls Need Close Above Krw1082.8...>

DOLLAR-WON TECHS
DOLLAR-WON TECHS: Bulls Need Close Above Krw1082.8
*RES 4: Krw1094.1 - 55-DMA
*RES 3: Krw1082.8 - High Dec 21
*RES 2: Krw1077.0 - 21-DMA
*RES 1: Krw1076.0 - High Dec 28
*PRICE: Krw1071.9@ 2300GMT
*SUP 1: Krw1065.5 - Low Jan 9
*SUP 2: Krw1058.8 - 2018 Low Jan 8
*SUP 3: Krw1045.6 - Monthly Low Oct 29 2014
*SUP 4: Krw1045.3 - Daily Bear channel base
*COMMENTARY: Fresh 2018 & 3+ year lows lacked follow through Monday which is a
concern given daily studies looking to correct from O/S increasing correction
risk. In saying that, bulls still need a close above Krw1082.8 to confirm breaks
of the 21-DMA and bear channel top, shifting focus to Krw1094.1-1101.4 where the
55-DMA is noted. Bears now need a close below Krw1065.5 to retain focus on the
bear channel base and Krw1045.3-1045.6.

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