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Bears Need Close Below 100-WMA....>

AUSSIE-KIWI TECHS
AUSSIE-KIWI TECHS: Bears Need Close Below 100-WMA
*RES 4: NZ$1.0997 - 100-DMA
*RES 3: NZ$1.0960 - Hourly resistance Jan 31
*RES 2: NZ$1.0921 - Hourly resistance Feb 1
*RES 1: NZ$1.0881 - Hourly resistance Feb 1
*PRICE: NZ$1.0843 @ 2030GMT
*SUP 1: NZ$1.0820 - Bollinger band base
*SUP 2: NZ$1.0821 - 55-WMA
*SUP 3: NZ$1.0772 - 200-WMA
*SUP 4: NZ$1.0729 - 100-WMA
*COMMENTARY: Fresh 2018 & 2mth highs lacked follow through with Wednesday's
sell-off seeing the pair close below key DMAs and return focus to NZ$1.0821-46
where the 200-DMA and 55-WMA are noted. The pair currently flirts with the
200-DMA (NZ$1.0846). Bears need a close below the 100-WMA to end bullish hopes
and shift focus to NZ$1.0442 where the LT rising TL is noted. Bulls need a close
above NZ$1.0960 to ease bearish pressure.

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