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Bull Channel Base Supporting *RES 4:.....>

KIWI TECHS
KIWI TECHS: Bull Channel Base Supporting
*RES 4: $0.7259 - Low Apr 19 
*RES 3: $0.7198 - Low Apr 20 now resistance 
*RES 2: $0.7180 - 200-DMA 
*RES 1: $0.7145 - Hourly support Apr 23 now resistance
*PRICE: $0.7118 @ 2130GMT
*SUP 1: $0.7103 - Daily Bull channel base off 2017 low
*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: The sell-off from $0.7395 sees the pair finding support around the
daily bull channel base off 2017 lows for now. Bears now look for a close below
$0.7071 to confirm a break and below $0.7042 to hint at a move back to 2017 lows
($0.6779). The Bollinger base ($0.7112) is the key concern for bears and limits
follow through. Bulls now need a close above $0.7145 to gain breathing room and
above $0.7198 to target a correction back to $0.7259-0.7302.

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