Free Trial

Krw1125.1 & 21-DMA Levels Key......>

DOLLAR-WON TECHS
DOLLAR-WON TECHS: Krw1125.1 & 21-DMA Levels Key
*RES 4: Krw1143.0 - High Oct 10
*RES 3: Krw1140.1 - 200-DMA
*RES 2: Krw1137.7 - High Oct 11
*RES 1: Krw1133.7 - 21-DMA
*PRICE: Krw1132.4 @ 2300GMT
*SUP 1: Krw1125.1 - Low Sept 8
*SUP 2: Krw1122.6 - Bollinger band base
*SUP 3: Krw1119.0 - Low Aug 28
*SUP 4: Krw1114.3 - High July 27 now support
*COMMENTARY: The recovery from ahead of the Krw1125.1 support has stalled ahead
of the 21-DMA. Bulls continue to look for a close above the 21-DMA to ease
bearish pressure and above Krw1137.7 to shift focus back to the 200-DMA. The
Krw1125.1 support remains key. Bears continue to look for a close below this
level to shift overall focus back to 2017 lows. Daily studies have room to move
before O/S becomes an issue.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
}); window.REBELMOUSE_ACTIVE_TASKS_QUEUE.push(function(){ window.dataLayer.push({ 'event' : 'logedout', 'loggedOut' : 'loggedOut' }); });