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Remains Heavy, Focus On 2017 Low...>

DOLLAR-WON TECHS
DOLLAR-WON TECHS: Remains Heavy, Focus On 2017 Low
*RES 4: Krw1126.8 - High Oct 30
*RES 3: Krw1123.5 - Low Oct 30 now resistance
*RES 2: Krw1119.8 - 200-WMA
*RES 1: Krw1119.0 - Low Aug 28 now resistance
*PRICE: Krw1114.5 @ 2300GMT
*SUP 1: Krw1114.2 - Low Nov 1
*SUP 2: Krw1110.5 - 2017 Low Mar 28
*SUP 3: Krw1107.0 - Low Oct 10 2016
*SUP 4: Krw1097.8 - Low Sept 30 2016
*COMMENTARY: Gapping moves continue to leave the pair looking heavy following
last week's topside failures ahead of key DMAs with focus now on 2017 lows
following the close below the 200-WMA. Bears look for a weekly close below to
add weight to their case. Bears now need a close below 2017 lows to target 2016
lows (Krw1089.7). Bulls need a close above the 200-WMA to ease bearish pressure
and above Krw1126.8 to hint at a bounce back to the 55-DMA (Krw1131.7).

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