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Above NZ$1.0669 To Target.........>

AUSSIE-KIWI TECHS: Above NZ$1.0669 To Target 55-DMA
*RES 4: NZ$1.0669 - High Mar 29
*RES 3: NZ$1.0659 - 21-DMA
*RES 2: NZ$1.0601 - Low Apr 2 now resistance
*RES 1: NZ$1.0565 - Hourly resistance Apr 4
*PRICE: NZ$1.0551 @ 2130GMT
*SUP 1: NZ$1.0523 - 2018 Low Apr 4
*SUP 2: NZ$1.0491 - Low July 13
*SUP 3: NZ$1.0468 - LT rising daily TL off 2015 Low
*SUP 4: NZ$1.0394 - Monthly Low July 7 2017
*COMMENTARY: Fresh 2018 & 9mth lows reconfirm immediate bearish focus on the LT
rising daily TL off 2015 lows coming in around NZ$1.0469 today with a close
below then targeting NZ$1.0367 June lows. Accumulating resistance layers add
weight to the bearish case with bulls now needing a close above NZ$1.0601 to
ease immediate bearish pressure and above NZ$1.0669 to confirm a break of the
21-DMA and initially target the 55-DMA.

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