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Bears Focused On 2017 Low *RES 4:........>

KIWI TECHS
KIWI TECHS: Bears Focused On 2017 Low
*RES 4: $0.7119 - Low Oct 18 now resistance 
*RES 3: $0.7056 - Hourly resistance Oct 19 
*RES 2: $0.7007 - Hourly resistance Oct 20 
*RES 1: $0.6940 - Hourly resistance Oct 24
*PRICE: $0.6902 @ 2000GMT
*SUP 1: $0.6886 - Low Oct 24
*SUP 2: $0.6860 - Low May 16
*SUP 3: $0.6816 - 2017 Low May 11
*SUP 4: $0.6674 - Monthly Low May 30 2016
*COMMENTARY: Last week's sell off saw pressure return to the LT daily bull
channel base off 2017 lows ($0.6965) with bears looking for a weekly close
below. Bears remain focused on tests of 2017 lows. Daily studies have room to
move but the Bollinger base ($0.6940) is the key concern for bears. Bulls now
need a close above $0.7007 to gain breathing room and above $0.7056 to hint at a
correction back to $0.7119-57 where the 200-DMA is noted.

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