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Closes Above Key WMAs *RES 4:.....>

AUSSIE-KIWI TECHS
AUSSIE-KIWI TECHS: Closes Above Key WMAs
*RES 4: NZ$1.1006 - Low Jan 30 now resistance
*RES 3: NZ$1.0894 - High Feb 8
*RES 2: NZ$1.0881 - 200-DMA
*RES 1: NZ$1.0843 - High May 11
*PRICE: NZ$1.0839 @ 2130GMT
*SUP 1: NZ$1.0805 - 55-WMA
*SUP 2: NZ$1.0765 - 100-DMA
*SUP 3: NZ$1.0762 - High Mar 22 now support
*SUP 4: NZ$1.0697 - High May 9 now support
*COMMENTARY: Bulls take comfort in support continuing to emerge on dips back
towards the 55-DMA resulting in weekly closes above the 55 (NZ$1.0805) 21 &
200-WMAs. Bulls now look for a close above NZ$1.0894 to shift immediate focus to
NZ$1.1073 and overall focus to 2017 highs. Bears need a close below NZ$1.0762 to
ease bullish pressure to and shift focus back to NZ$1.0655-97 where 55 & 21-DMAs
are noted.

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