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Bulls Need Close Above Krw1094.0...>

DOLLAR-WON TECHS
DOLLAR-WON TECHS: Bulls Need Close Above Krw1094.0
*RES 4: Krw1101.4 - High Nov 20
*RES 3: Krw1100.9 - 21-DMA
*RES 2: Krw1094.0 - High Nov 22
*RES 1: Krw1090.9 - High Nov 28
*PRICE: Krw1086.4 @ 2300GMT
*SUP 1: Krw1080.3 - Low Nov 30
*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 (Krw1073.2) limiting follow through. In saying that, bulls still
need a close above Krw1094.0 to shift focus back to Krw1100.9-1110.5 where the
21-DMA is located. Bears need a close below Krw1080.3 to retain focus on 2015
lows and then the Krw1045.6 Oct monthly low from 2014.

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