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Bears Remain Focused On Nov & Dec Lows...>

KIWI TECHS
KIWI TECHS: Bears Remain Focused On Nov & Dec Lows
*RES 4: $0.7052 - High May 4 
*RES 3: $0.6996 - High May 9 
*RES 2: $0.6952 - Low May 11 now resistance 
*RES 1: $0.6899 - Low May 10 now resistance
*PRICE: $0.6860 @ 2130GMT
*SUP 1: $0.6815 - Monthly Low Dec 1, Bollinger band base
*SUP 2: $0.6779 - Monthly Low Nov 17
*SUP 3: $0.6674 - Monthly Low May 30 2016
*SUP 4: $0.6606 - Weekly Bear channel base
*COMMENTARY: The pair was rejected ahead of the key $0.6996 resistance to start
the new week leaving the pair looking heavy and immediate pressure on 2018 lows.
Fresh 2018 lows reconfirm focus on tests of Nov & Dec lows. Resistance layers
are again accumulating and adding to bearish confidence. Bulls now need a close
above $0.6952 to gain breathing room and above $0.6996 to shift initial focus to
$0.7052.

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