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Bulls Need Close Above $0.6996 *RES 4:...>

KIWI TECHS
KIWI TECHS: Bulls Need Close Above $0.6996
*RES 4: $0.7132 - Hourly resistance Apr 24 
*RES 3: $0.7102 - Hourly support Apr 25 now resistance 
*RES 2: $0.7052 - High May 4 
*RES 1: $0.6996 - High May 9
*PRICE: $0.6969 @ 2130GMT
*SUP 1: $0.6935 - Hourly support May 10
*SUP 2: $0.6899 - Low Dec 12
*SUP 3: $0.6815 - Monthly Low Dec 1
*SUP 4: $0.6779 - Monthly Low Nov 17
*COMMENTARY: The sharp sell-off Thursday has lacked follow through having
bounced aggressively from fresh 2018 lows. Daily studies correcting from O/S
remain the key concern for bears. Bulls now need a close above $0.6996 to gain
breathing room and above $0.7052 to hint at a correction back to $0.7153-0.7198
with the 200-DMA at $0.7153. While $0.6996 caps bears retain the advantage and
focus on Nov & Dec lows.

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