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DOLLAR-WON TECHS
DOLLAR-WON TECHS: Immediate Focus On Krw1031.0-1045.6
*RES 4: Krw1076.0 - High Dec 28
*RES 3: Krw1073.3 - High Jan 11
*RES 2: Krw1066.6 - 21-DMA
*RES 1: Krw1062.2 - Low Jan 16 now resistance
*PRICE: Krw1063.9 @ 2300GMT
*SUP 1: Krw1057.9 - Low Jan 25
*SUP 2: Krw1045.6 - Monthly Low Oct 29 2014
*SUP 3: Krw1034.0 - Daily Bear channel base
*SUP 4: Krw1031.0 - Low Sept 17 2014
*COMMENTARY: Bulls failed to take out the Krw1076.0 resistance needed to confirm
a break of the 21-DMA and bear channel top (Krw1069.7), shifting immediate focus
to Krw1082.5-1082.8 where the 55-DMA is located. Fresh 2018 and 3+yr lows
reconfirmed the bearish bias with focus currently on Krw1031.0-1045.6 where the
daily bear channel base is noted. Daily studies are well placed for further
losses. Bulls need a close above Krw1076.0.

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