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$0.7123-55 Resistance Region Key *RES....>

KIWI TECHS
KIWI TECHS: $0.7123-55 Resistance Region Key
*RES 4: $0.7155 - 200-DMA 
*RES 3: $0.7146 - Low Oct 4 now resistance 
*RES 2: $0.7123 - Hourly resistance Oct 5 
*RES 1: $0.7095 - Hourly resistance Oct 6
*PRICE: $0.7058 @ 2000GMT
*SUP 1: $0.7050 - Hourly support Oct 9
*SUP 2: $0.7038 - Daily Bear channel base A
*SUP 3: $0.7035 - Low May 30
*SUP 4: $0.6985 - Low May 23
*COMMENTARY: A lack of topside follow through saw pressure maintained on the
200-DMA last week resulting a break lower and the pair looking heavy. Overall
focus has shifted to 2017 lows with bears initially focused on the
$0.6950-0.7038 region where channel bases are noted. Bulls now need a close
above $0.7123 to gain breathing room and above the 200-MDA to hint at a
correction back to $0.7226-79 where 21, 55 & 100-DMAs are noted.

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