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Closes Below 55-DMA *RES 4:........>

DOLLAR-WON TECHS
DOLLAR-WON TECHS: Closes Below 55-DMA
*RES 4: Krw1089.9 - 200-DMA
*RES 3: Krw1087.6 - High Mar 1
*RES 2: Krw1086.7 - High May 21
*RES 1: Krw1071.9 - 55-DMA
*PRICE: Krw1070.6 @ 2300GMT
*SUP 1: Krw1066.4 - Bollinger band base
*SUP 2: Krw1063.3 - Low May 10
*SUP 3: Krw1058.7 - Low Apr 19
*SUP 4: Krw1052.0 - 2018 Low Apr 2
*COMMENTARY: Topside hesitation continues with yet another topside rejection
seeing pressure back on the 55-DMA. Bears take comfort in Friday's close below
the 55-DMA that sees pressure back on Krw1063.3 and below this level to
initially target 2018 lows (Krw1052.0). Bulls now look for a close above the
55-DMA to gain breathing room and return focus to Krw1086.7-1089.9 where the
200-DMA is located.

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