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100-WMA Remains Key Support.......>

AUSSIE-KIWI TECHS: 100-WMA Remains Key Support
*RES 4: NZ$1.0990 - 100-DMA
*RES 3: NZ$1.0943 - 55-DMA
*RES 2: NZ$1.0900 - 21-DMA
*RES 1: NZ$1.0847 - 200-DMA
*PRICE: NZ$1.0799 @ 2030GMT
*SUP 1: NZ$1.0743 - 2018 Low Feb 9
*SUP 2: NZ$1.0724 - 100-WMA
*SUP 3: NZ$1.0588 - Low July 31
*SUP 4: NZ$1.0491 - Low July 13
*COMMENTARY: Pressure on the 200-DMA took its toll last week with a sharp
sell-off back towards the 100-WMA. Follow through has been lacking with bears
needing a close below the 100-WMA to shift focus to NZ$1.0446-91 where the LT
rising TL is located. The rally Thursday was aggressively rejected ahead of the
21-DMA. Bulls still need a close above the 21-DMA to ease bearish pressure and
above NZ$1.1073 to target 2017 highs (NZ$1.1290).

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