Close Above $0.6912 To Ease Bearish......>

KIWI TECHS: Close Above $0.6912 To Ease Bearish Pressure

*RES 4: $0.7007 - Hourly resistance Oct 20 

*RES 3: $0.6940 - Hourly resistance Oct 24 

*RES 2: $0.6912 - High Oct 25 

*RES 1: $0.6882 - Hourly resistance Oct 31

*PRICE: $0.6844 @ 2000GMT

*SUP 1: $0.6816 - 2017 Low May 11 & Oct 27

*SUP 2: $0.6667 - Low Mar 28 2016

*SUP 3: $0.6543 - Low Feb 16 2016

*SUP 4: $0.6409 - Low Jan 21 2016

*COMMENTARY: Bears take additional comfort last week in the weekly close below

the LT bull channel base ($0.6974) and now look for a close below 2017 lows to

shift immediate focus to $0.6667 and overall focus to tests of 2016 lows

($0.6346). O/S daily studies and the Bollinger base ($0.6796) are key concerns

for bears. Layers of resistance are accumulating and weighing with bulls needing

a close above $0.6912 to ease immediate bearish pressure.