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Pressure Returns To Key DMAs.......>

DOLLAR-WON TECHS
DOLLAR-WON TECHS: Pressure Returns To Key DMAs
*RES 4: Krw1148.1 - High Aug 11
*RES 3: Krw1146.8 - 200-DMA
*RES 2: Krw1144.1 - High Aug 18
*RES 1: Krw1140.1 - Low Aug 18 now resistance
*PRICE: Krw1139.0 @ 2300GMT
*SUP 1: Krw1132.9 - 55-DMA
*SUP 2: Krw1130.7 - 100-DMA
*SUP 3: Krw1129.0 - 21-DMA
*SUP 4: Krw1123.0 - Low Aug 3
*COMMENTARY: Failure to trouble the 200-DMA has left the pair looking a little
heavy and pressure back on key DMAs clustered Krw1129.0-1133.1. Bears look for a
close below the 21-DMA to hint at a move back to 2017 lows with below Krw1123.0
needed to confirm. Bulls now need a close above Krw1140.1 to gain breathing room
and above Krw1148.1 to confirm a break of the 200-DMA and a shift in focus to
Krw1157.8-1161.0 where monthly highs are situated.

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