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Finding Support Ahead Of 200-DMA *RES....>

KIWI TECHS
KIWI TECHS: Finding Support Ahead Of 200-DMA
*RES 4: $0.7345 - High Feb 7 
*RES 3: $0.7325 - Hourly resistance Feb 7a 
*RES 2: $0.7305 - 21-DMA 
*RES 1: $0.7255 - Low Feb 6 now resistance
*PRICE: $0.7227 @ 2030GMT
*SUP 1: $0.7193 - Hourly support Feb 8
*SUP 2: $0.7174 - Low Feb 8
*SUP 3: $0.7146 - 200-DMA
*SUP 4: $0.7130 - High Jan 2 now support
*COMMENTARY: The sell-off Thursday has so far lacked follow through with bulls
taking comfort in support emerging ahead of the 200-DMA. Bears currently focus
on $0.7042-0.7146 where key DMAs are noted with a close below to confirm focus
on tests of 2017 lows. Initial resistance is noted at $0.7255 with bulls needing
a close above to ease bearish pressure. Overall a close above $0.7345 is now
needed to return focus to $0.7420-88.

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