Bulls Focused On..................>

AUSSIE-KIWI TECHS: Bulls Focused On NZ$1.1195-1.1272

*RES 4: NZ$1.1272 - Monthly High Apr 25

*RES 3: NZ$1.1227 - Daily Bull channel top

*RES 2: NZ$1.1195 - Low Apr 26 now resistance

*RES 1: NZ$1.1080 - High Aug 31

*PRICE: NZ$1.1071 @ 2100GMT

*SUP 1: NZ$1.1049 - Hourly support Aug 31

*SUP 2: NZ$1.1007 - Hourly support Aug 31a

*SUP 3: NZ$1.0982 - Hourly resistance Aug 31 now support

*SUP 4: NZ$1.0955 - Hourly support Aug 30

*COMMENTARY: Bulls took comfort in support emerging on dips back towards the

21-DMA and channel base which provided the catalyst for a break higher that

reconfirmed the bullish bias. Thursday's gains and bullish close see immediate

focus now on NZ$1.1195-1.1272 where the bull channel to is located. Initial

support is noted at NZ$1.1049 but bears need a close below NZ$1.1007 to ease

bullish pressure and return initial focus to NZ$1.0955.