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Below NZ$1.0697 to Target 2018....>

AUSSIE-KIWI TECHS
AUSSIE-KIWI TECHS: Below NZ$1.0697 to Target 2018 Low
*RES 4: NZ$1.1006 - Low Jan 30 now resistance
*RES 3: NZ$1.0962 - High May 25
*RES 2: NZ$1.0906 - Low May 25 now resistance
*RES 1: NZ$1.0883 - 200-DMA
*PRICE: NZ$1.0875 @ 2130GMT
*SUP 1: NZ$1.0860 - Hourly support June 4
*SUP 2: NZ$1.0829 - Low June 4
*SUP 3: NZ$1.0762 - Alternating daily support/resistance
*SUP 4: NZ$1.0754 - 100-DMA
*COMMENTARY: Bulls take comfort in the bounce from ahead of key support layers
Friday but still need a close above NZ$1.0906 to confirm a break above the
200-DMA & regain the upper hand and above NZ$1.0962 to reconfirm focus on 2018
highs. Initial support is now noted at NZ$1.0860 but bears look for a close
below NZ$1.0829 to ease pressure on resistance layers and below NZ$1.0697 needed
to return focus to tests of 2018 lows.

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