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

AUSSIE-KIWI TECHS
AUSSIE-KIWI TECHS: Bulls Focused On NZ$1.0826-1.0894
*RES 4: NZ$1.0894 - High Feb 8
*RES 3: NZ$1.0880 - 200-DMA
*RES 2: NZ$1.0838 - Daily Bear channel top
*RES 1: NZ$1.0826 - High Feb 28
*PRICE: NZ$1.0816 @ 2130GMT
*SUP 1: NZ$1.0806 - 55-WMA
*SUP 2: NZ$1.0767 - 100-DMA
*SUP 3: NZ$1.0762 - High Mar 22 now support
*SUP 4: NZ$1.0697 - High May 9 now support
*COMMENTARY: Bulls take comfort in support continuing to emerge on dips back
towards the 55-DMA with the rally Thursday seeing immediate pressure on
NZ$1.0826-94 where the 200-DMA and bear channel top off Oct highs is situated.
Layers of support building adds to bullish confidence with bears now needing a
close below NZ$1.0762 to ease pressure on the channel to and shift focus back to
NZ$1.0655-97 where 55 & 21-DMAs are noted.

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