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Bulls Shift Overall Focus To 2017 High...>

KIWI TECHS
KIWI TECHS: Bulls Shift Overall Focus To 2017 High
*RES 4: $0.7433 - Monthly High Sept 20 
*RES 3: $0.7374 - High Sept 25 
*RES 2: $0.7288 - 200-WMA 
*RES 1: $0.7276 - High Sept 26
*PRICE: $0.7256 @ 2030GMT
*SUP 1: $0.7211 - Hourly support Jan 11
*SUP 2: $0.7173 - Hourly resistance Jan 10 now support
*SUP 3: $0.7143 - Low Jan 5
*SUP 4: $0.7130 - High Jan 2 now support
*COMMENTARY: The likely close above $0.7243 ends bearish hopes and shifts
initial focus to $0.7374-0.7433 where Sept highs are located. O/B daily studies
looking to correct remain the key concern for bulls as layers of support again
accumulate. Bears now look for a close below $0.7211 to ease bullish pressure
and below the 200-DMA to hint at a move back to $0.6952-60 where the 55-DMA is
noted.

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