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Immediate Pressure On 2017 Low.....>

DOLLAR-WON TECHS
DOLLAR-WON TECHS: Immediate Pressure On 2017 Low
*RES 4: Krw1096.2 - High Dec 7
*RES 3: Krw1089.4 - Daily Bear channel top
*RES 2: Krw1087.4 - 21-DMA
*RES 1: Krw1082.8 - High Dec 21
*PRICE: Krw1076.1 @ 2300GMT
*SUP 1: Krw1075.5 - 2017 Low Nov 29
*SUP 2: Krw1066.6 - 2015 Low Apr 29 2015
*SUP 3: Krw1062.0 - High Oct 24 2014 now support
*SUP 4: Krw1055.5 - Daily Bear channel base
*COMMENTARY: Lower daily lows and highs ensure focus remains on Krw1062.0-1075.5
where 2015 & 2017 lows are situated. Layers of resistance are building and
weighing with bulls needing a close above the bear channel top to ease bearish
pressure. A close above Krw1101.4 is needed to shift immediate focus to
Krw1105.9-1110.5 where the 55-DMA (Krw1105.9) is located. The Bollinger base
(Krw1076.6) is the key concern forbears and limits follow through.

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