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BLOCKs, Jun'23 SOFR Puts

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100-DMA Resistance Remains Key *RES 4:...>

KIWI TECHS: 100-DMA Resistance Remains Key
*RES 4: $0.7264 - 100-DMA 
*RES 3: $0.7241 - 55-DMA 
*RES 2: $0.7207 - High Oct 17 
*RES 1: $0.7186 - Hourly resistance Oct 17
*PRICE: $0.7166 @ 2000GMT
*SUP 1: $0.7147 - Low Oct 17
*SUP 2: $0.7122 - Low Oct 13
*SUP 3: $0.7102 - Hourly support Oct 12
*SUP 4: $0.7055 - Low Oct 9
*COMMENTARY: Correcting O/S studies are providing support to the bullish case
but layers of resistance $0.7186-0.7264 where 55 & 100-DMAs are noted remain an
issue. Bulls need a close above the 100-DMA to end bearish hopes and shift focus
back to the bear channel top ($0.7363). Initial support is now noted at $0.7147
with bears needing a close below to confirm a break below the 200-DMA ($0.7160)
and retain focus on $0.7014-55 where the bear channel base is found.

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