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Topside Hesitation Continues.......>
DOLLAR-WON TECHS
DOLLAR-WON TECHS: Topside Hesitation Continues
*RES 4: Krw1098.4 - 2018 High Feb 6
*RES 3: Krw1090.2 - 200-DMA
*RES 2: Krw1087.6 - High Mar 1
*RES 1: Krw1086.7 - High May 21
*PRICE: Krw1080.2 @ 2300GMT
*SUP 1: Krw1072.1 - 55-DMA
*SUP 2: Krw1067.4 - Bollinger band base
*SUP 3: Krw1063.3 - Low May 10
*SUP 4: Krw1058.7 - Low Apr 19
*COMMENTARY: Topside hesitation continues with yet another topside rejection
seeing pressure back on the 55-DMA. Bulls need a close above Krw1087.6 to
confirm focus on Krw1090.2-1098.4 where the 200-DMA and 2018 high are located.
Bears need a close below the 55-DMA to return pressure to Krw1063.3 and below
this level to initially target 2018 lows (Krw1052.0).
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