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$0.7217-89 Support Region Remains Key....>

KIWI TECHS
KIWI TECHS: $0.7217-89 Support Region Remains Key
*RES 4: $0.7525 - High July 28 
*RES 3: $0.7458 - Low July 28 now resistance 
*RES 2: $0.7435 - 2018 High Jan 24 
*RES 1: $0.7391 - High Jan 25
*PRICE: $0.7322 @ 2030GMT
*SUP 1: $0.7289 - Low Jan 26
*SUP 2: $0.7266 - Low Jan 22
*SUP 3: $0.7242 - 21-DMA
*SUP 4: $0.7217 - Low Jan 12
*COMMENTARY: Topside hesitation defined the latter part of the week with bulls
needing a close above $0.7435 to reconfirm the bullish bias and target tests of
$0.7558 2017 highs. Correcting O/B daily studies remain the key concern for
bulls. The $0.7217-89 support region is key this week. Bears need a close below
$0.7289 to ease bullish pressure and below $0.7217 to confirm a break of the
21-DMA and shift focus to $0.7042-0.7130 where key DMAs are clustered.

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