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Bears Need Close Below 21-DMA *RES 4:....>

KIWI TECHS
KIWI TECHS: Bears Need Close Below 21-DMA
*RES 4: $0.7458 - Low July 28 now resistance 
*RES 3: $0.7435 - 2018 High Jan 24 
*RES 2: $0.7391 - High Jan 25 
*RES 1: $0.7354 - High Jan 30
*PRICE: $0.7333 @ 2030GMT
*SUP 1: $0.7300 - Alternating support/resistance
*SUP 2: $0.7277 - Low Jan 30
*SUP 3: $0.7266 - Low Jan 22
*SUP 4: $0.7253 - 21-DMA
*COMMENTARY: Topside hesitation defined the latter part of the week with bulls
needing a close above $0.7435 to reconfirm the bullish bias and target tests of
$0.7558 2017 highs. Correcting O/B daily studies remain the key concern for
bulls with lower daily highs also less than ideal. Bears now look for a close
below the 21-DMA to ease bullish pressure and below $0.7217 to shift focus to
$0.7042-0.7131 where key DMAs are clustered.

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