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$0.7458 Support Key Today *RES 4:........>

KIWI TECHS
KIWI TECHS: $0.7458 Support Key Today
*RES 4: $0.7577 - High May 5 2015 
*RES 3: $0.7528 - 2017 High July 27 
*RES 2: $0.7536 - Hourly resistance July 27a 
*RES 1: $0.7506 - Hourly resistance July 27
*PRICE: $0.7486 @ 2100GMT
*SUP 1: $0.7458 - High July 21 now support
*SUP 2: $0.7408 - Low July 26
*SUP 3: $0.7391 - Low July 21
*SUP 4: $0.7384 - Hourly support July 20
*COMMENTARY: The lack of topside follow through on 2017 and 26mth highs is less
than ideal for bulls given daily studies looking to correct from O/S. In saying
that, bears continue to look for a close below $0.7458 to confirm an easing of
bullish pressure and to shift focus back to $0.7391-0.7408. Layers of resistance
are starting to build with bulls now needing a close above $0.7536 to retain
focus on $0.7577-0.7608 where 2015 highs and the bull channel top are located.

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