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Topside Hesitation Takes Its.......>

DOLLAR-WON TECHS
DOLLAR-WON TECHS: Topside Hesitation Takes Its Toll
*RES 4: Krw1096.1 - 200-DMA
*RES 3: Krw1087.6 - High Mar 1
*RES 2: Krw1085.5 - High Mar 23
*RES 1: Krw1075.3 - Low Apr 26 now resistance
*PRICE: Krw1069.5 @ 2300GMT
*SUP 1: Krw1064.9 - Low Apr 30
*SUP 2: Krw1063.3 - Daily Bull channel base
*SUP 3: Krw1058.7 - Low Apr 6
*SUP 4: Krw1052.0 - 2018 Low Apr 2
*COMMENTARY: Failure to trouble Krw1085.5-1087.6 ton the recovery from 2018 lows
resulted in a sell-off last week and focus back to Krw1058.7-1064.9 where the
daily bull channel base is located. Bulls now need a close above Krw1075.3 to
gain breathing room and return immediate pressure to Krw1085.5-1087.6. While
Krw1075.3 caps bears retain the advantage but need a close below Krw1058.7 to
reconfirm initial focus on 2018 lows.

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