Free Trial

Bulls Need Close Above $0.6804 * The.....>

KIWI TECHS
KIWI TECHS: Bulls Need Close Above $0.6804
* The failure at the 21-DMA resulted in a sharp sell-off Wednesday and focus
back on the $0.6674 2018 low. 
* Bears look for a close at fresh 2018 lows to shift focus to the weekly bear
channel base coming in around $0.6569 today. 
* Daily studies are well placed for a fresh leg lower. 
* Bulls now need a close above $0.6804 to gain breathing room and above $0.6882
to shift initial focus to $0.6911-21 where the 55-DMA is situated.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.