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Bulls Need Close Above Krw1125.8...>

DOLLAR-WON TECHS
DOLLAR-WON TECHS: Bulls Need Close Above Krw1125.8
*RES 4: Krw1135.0 - High Oct 23
*RES 3: Krw1133.2 - 21-DMA
*RES 2: Krw1132.0 - 55-DMA
*RES 1: Krw1125.8 - High Oct 26
*PRICE: Krw1124.6 @ 2300GMT
*SUP 1: Krw1121.5 - Bollinger band base
*SUP 2: Krw1121.2 - Low Aug 30
*SUP 3: Krw1119.0 - Low Aug 28
*SUP 4: Krw1114.3 - High July 27 now support
*COMMENTARY: The break of Krw1125.1 adds to bearish confidence with bears now
needing a close below Krw1119.0 to confirm focus on tests of 2017 lows
(Krw1110.5). Layers of resistance remain with bulls needing a close above
Krw1125.8 to gain breathing room and hint at a bounce back to Krw1132.0-1138.2
where key DMAs are situated. Daily studies at modestly O/S levels is the key
concern for bears.

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