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Capped Ahead Of Key DMAs *RES 4:...>

DOLLAR-WON TECHS
DOLLAR-WON TECHS: Capped Ahead Of Key DMAs
*RES 4: Krw1133.1 - 21-DMA
*RES 3: Krw1130.9 - 100-DMA
*RES 2: Krw1129.9 - 55-DMA
*RES 1: Krw1126.6 - Low July 17 now resistance
*PRICE: Krw1119.0 @ 2300GMT
*SUP 1: Krw1114.3 - High July 27 now support
*SUP 2: Krw1110.5 - 2017 Low Mar 28
*SUP 3: Krw1107.0 - Low Oct 10
*SUP 4: Krw1103.2 - Bollinger band base
*COMMENTARY: The recovery from last week's low looks to be in trouble with the
pair capped ahead of key DMAs Krw1129.9-1133.1. Bulls need a close above the
21-DMA to confirm an easing of bearish pressure and to shift immediate focus to
Krw1139.8. While the DMAs cap overall focus remains bearish with immediate focus
on 2017 lows. Daily studies correcting from O/S remain the key concern for
bears.

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