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Bollinger Top Capping, Bears......>

AUSSIE-KIWI TECHS
AUSSIE-KIWI TECHS: Bollinger Top Capping, Bears Regain Control
*RES 4: NZ$1.0860 - 200-DMA
*RES 3: NZ$1.0834 - 55-WMA
*RES 2: NZ$1.0790 - Bollinger band top
*RES 1: NZ$1.0779 - High Mar 14
*PRICE: NZ$1.0747 @ 2030GMT
*SUP 1: NZ$1.0700 - Low Mar 9
*SUP 2: NZ$1.0650 - 2018 Low Feb 22
*SUP 3: NZ$1.0588 - Low July 31
*SUP 4: NZ$1.0491 - Low July 13
*COMMENTARY: Sideways trading continues as Bollinger bands narrow and increase
the likelihood of a breakout in the near future. Bears need a close below
NZ$1.0700 to return focus to NZ$1.0588-1.0650 where 2018 lows and the bear
channel base are situated. Bulls now need a close above NZ$1.0894 to confirm
breaks of 55 & 200-DMAs and hint at a move to NZ$1.1006-73 where 2018 highs are
noted.

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