Bulls Need Close Above Krw1094.0...>

DOLLAR-WON TECHS: Bulls Need Close Above Krw1094.0

*RES 4: Krw1102.3 - 21-DMA

*RES 3: Krw1101.4 - High Nov 20

*RES 2: Krw1094.0 - High Nov 22

*RES 1: Krw1090.9 - High Nov 28

*PRICE: Krw1088.2 @ 2300GMT

*SUP 1: Krw1085.0 - High Nov 29 now support

*SUP 2: Krw1075.5 - 2017 Low Nov 29

*SUP 3: Krw1066.6 - 2015 Low Apr 29 2015

*SUP 4: Krw1062.0 - High Oct 24 2014 now support

*COMMENTARY: The lack of follow through after recent 2017 and 2+ year lows is a

concern for bears when combined with correcting O/S daily studies and the

Bollinger base (Krw1074.8) limiting follow through. In saying that, bulls still

need a close above Krw1094.0 to shift focus back to Krw1101.4-1110.5 where the

21-DMA (Krw1102.3) is located. Bears need a close below Krw1085.0 to retain

focus on 2015 lows and then the Krw1045.6 Oct monthly low from 2014.