Free Trial
FED

Possible Release Of Runoff Plan Outline?

OPTIONS

Larger FX Option Pipeline

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

Krw1088.0 Support Key Today *RES...>

DOLLAR-WON TECHS
DOLLAR-WON TECHS: Krw1088.0 Support Key Today
*RES 4: Krw1110.5 - Low Mar 28 now resistance
*RES 3: Krw1107.5 - High Nov 16
*RES 2: Krw1101.4 - High Nov 20
*RES 1: Krw1096.2 - High Dec 7
*PRICE: Krw1090.7 @ 2300GMT
*SUP 1: Krw1088.0 - Low Dec 12
*SUP 2: Krw1080.3 - Low Nov 30
*SUP 3: Krw1075.5 - 2017 Low Nov 29
*SUP 4: Krw1066.6 - 2015 Low Apr 29 2015
*COMMENTARY: The lack of follow through after recent 2017/2+ year lows now sees
the pair flirting with the 21-DMA (Krw1091.5). Bulls still need a close above
Krw1101.4 to confirm a break of the 21-DMA and shift focus to Krw1107.5-1110.5.
Bears now look for a close below Krw1088.0 to gain breathing room and below
Krw1080.3 to retain focus on 2015 lows and then the Krw1045.6 Oct monthly low
from 2014.
Sign up now for free access to this content.

Please enter your details below and select your areas of interest.