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Bulls Need Close Above $0.7332 *RES 4:...>

KIWI TECHS
KIWI TECHS: Bulls Need Close Above $0.7332
*RES 4: $0.7403 - High Feb 1 
*RES 3: $0.7345 - High Feb 7 
*RES 2: $0.7325 - Hourly resistance Feb 7a 
*RES 1: $0.7305 - Hourly resistance Feb 7
*PRICE: $0.7253 @ 2030GMT
*SUP 1: $0.7217 - Low Jan 12
*SUP 2: $0.7144 - 200-DMA
*SUP 3: $0.7130 - High Jan 2 now support
*SUP 4: $0.7107 - 55-DMA
*COMMENTARY: The pair remains heavy as it again trades below the 21-DMA
($0.7304) with immediate focus on $0.7217. Bears need a close below to initially
target $0.7042-0.7144 where key DMAs are clustered. Daily studies are well
placed for a fresh leg lower. Bulls now need a close above $0.7345 to confirm an
easing of bearish pressure and to return focus to $0.7420-88.

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