Below $0.7130 To Target 2017 Low *RES....>

KIWI TECHS: Below $0.7130 To Target 2017 Low

*RES 4: $0.7302 - Low Apr 18 

*RES 3: $0.7259 - Low Apr 19 

*RES 2: $0.7198 - Low Apr 20 now resistance 

*RES 1: $0.7181 - 200-DMA

*PRICE: $0.7148 @ 2130GMT

*SUP 1: $0.7130 - High Jan 2 now support

*SUP 2: $0.7071 - Lows Jan 3 & 4

*SUP 3: $0.7042 - High Dec 26 now support

*SUP 4: $0.6952 - Low Dec 20

*COMMENTARY: Closes below the 200-DMA, 55 & 200-WMAs see the pair flirting with

the 100-WMA ($0.7145) & bears needing a close below $0.7130 to confirm traction

and initially target $0.7042-71. Below $0.7042 is needed to hint at a move back

to 2017 lows ($0.6779) with below $0.6952 to confirm. Bulls now look for a close

above $0.7198 to gain breathing room and initially target a correction back to

$0.7259-0.7302. The Bollinger base ($0.7141) is the key concern for bears.