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Bulls Need Close Above $0.6952 *RES 4:...>

KIWI TECHS
KIWI TECHS: Bulls Need Close Above $0.6952
*RES 4: $0.7102 - Hourly support Apr 25 now resistance 
*RES 3: $0.7052 - High May 4 
*RES 2: $0.6996 - High May 9 
*RES 1: $0.6952 - Low May 11 now resistance
*PRICE: $0.6944 @ 2130GMT
*SUP 1: $0.6918 - Hourly support May 21
*SUP 2: $0.6849 - 2018 Low May 16
*SUP 3: $0.6815 - Monthly Low Dec 1
*SUP 4: $0.6779 - Monthly Low Nov 17
*COMMENTARY: Fresh 2018 lows lacked follow through Wednesday which is less than
ideal for bears given daily studies lingering at O/S levels. Bears currently
focus on tests of Nov & Dec lows. In saying that, Monday's bounce is a concern
for bears. Bulls continue to look for a close above $0.6952 to gain breathing
room and above $0.6996 to confirm a break of the 21-DMA ($0.6984) and shift
initial focus to $0.7052.

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