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Focus Back On NZ$1.0732-1.0840....>

AUSSIE-KIWI TECHS
AUSSIE-KIWI TECHS: Focus Back On NZ$1.0732-1.0840
*RES 4: NZ$1.1006 - 100-DMA
*RES 3: NZ$1.0990 - 55-DMA
*RES 2: NZ$1.0920 - Low Jan 22 now resistance
*RES 1: NZ$1.0888 - Hourly resistance Jan 23
*PRICE: NZ$1.0874 @ 2030GMT
*SUP 1: NZ$1.0840 - 200-DMA
*SUP 2: NZ$1.0824 - Monthly Low Sept 21
*SUP 3: NZ$1.0807 - 55-WMA
*SUP 4: NZ$1.0732 - 100-WMA
*COMMENTARY: The 55 & 100-DMAs have proven significance having capped that
recovery from 2018 lows with pressure back on NZ$1.0824-40 where the 200-DMA is
located. The 100-WMA remains key support. Bears need a close below the 100-WMA
(NZ$1.0732) to initially target 2017 lows. Layers of resistance have accumulated
on the sell-off with bulls now needing a close above NZ$1.0920 to ease pressure
on key supports and above the 100-DMA to shift focus higher.

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