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Closes Below 200-DMA *RES 4:......>

AUSSIE-KIWI TECHS
AUSSIE-KIWI TECHS: Closes Below 200-DMA
*RES 4: NZ$1.1073 - 2018 High Jan 29
*RES 3: NZ$1.1006 - Low Jan 30 now resistance
*RES 2: NZ$1.0939 - High May 17
*RES 1: NZ$1.0900 - Alternating daily support/resistance
*PRICE: NZ$1.0868 @ 2130GMT
*SUP 1: NZ$1.0843 - High May 11 now support
*SUP 2: NZ$1.0808 - 55-WMA
*SUP 3: NZ$1.0760 - 21-DMA, 100-DMA
*SUP 4: NZ$1.0682 - 55-DMA
*COMMENTARY: Bulls suffered a setback Friday with the sell off and close below
the 200-DMA (NZ$1.0883). Bears now look for a close below NZ$1.0843 to confirm
an easing of bullish pressure and see focus shift back to tests of the 100-DMA
(NZ$1.0760). Correcting O/B daily studies are currently weighing. Bulls now need
a close above NZ$1.0900 to gain breathing room and above NZ$1.0939 to reconfirm
focus on 2018 highs.

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