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Bullish Focus Returns To..........>

AUSSIE-KIWI TECHS
AUSSIE-KIWI TECHS: Bullish Focus Returns To NZ$1.1139 Resistance
*RES 4: NZ$1.1291 - 2017 High Oct 25
*RES 3: NZ$1.1240 - High Oct 26
*RES 2: NZ$1.1185 - High Nov 1
*RES 1: NZ$1.1139 - High Nov 14, Bollinger band top
*PRICE: NZ$1.1067 @ 2030GMT
*SUP 1: NZ$1.1035 - High Nov 29 now support
*SUP 2: NZ$1.1028 - 55-DMA
*SUP 3: NZ$1.0947 - 100-DMA
*SUP 4: NZ$1.0904 - Low Oct 17
*COMMENTARY: The lack of follow through and support emerging on dips back to the
100-DMA have resulted in likely closes above 21 & 55-DMAs that see immediate
focus back on NZ$1.1139. Bulls need a close above NZ$1139 to shift focus to
tests of 2017 highs. Daily studies are well placed for further gains. Bears now
need a close below the 55-DMA to ease bullish pressure and below NZ$1.0904 to
initially target NZ$1.0798-1.0827 where the 200-DMA (NZ$1.0816) is noted.

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