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Bears Targeting $0.6779-0.6815 *RES 4:...>

KIWI TECHS
KIWI TECHS: Bears Targeting $0.6779-0.6815
*RES 4: $0.7102 - Hourly support Apr 25 now resistance 
*RES 3: $0.7052 - High May 4 
*RES 2: $0.6996 - High May 9 
*RES 1: $0.6952 - 21-DMA
*PRICE: $0.6918 @ 2130GMT
*SUP 1: $0.6882 - Low May 23
*SUP 2: $0.6849 - 2018 Low May 16
*SUP 3: $0.6815 - Monthly Low Dec 1
*SUP 4: $0.6779 - Monthly Low Nov 17
*COMMENTARY: The recovery from 2018 lows struggled last week with the pair
lacking follow through above $0.6952 and capped ahead of the 21-DMA. Bulls
continue to look for a close above $0.6996 to confirm a break of the 21-DMA and
shift initial focus to $0.7052. Momentum studies are back at neutral levels and
well placed for a fresh leg lower. Bears currently focus on tests of Nov & Dec
lows.

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