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Focus Now On NZ$1.0880-1.0913.....>

AUSSIE-KIWI TECHS
AUSSIE-KIWI TECHS: Focus Now On NZ$1.0880-1.0913
*RES 4: NZ$1.1107 - High Sept 12
*RES 3: NZ$1.1057 - Hourly support Sept 15a now resistance
*RES 2: NZ$1.1025 - Hourly support Sept 15 now resistance
*RES 1: NZ$1.0994 - High Sept 18
*PRICE: NZ$1.0967 @ 2100GMT
*SUP 1: NZ$1.0935 - Low Sept 18
*SUP 2: NZ$1.0913 - Hourly resistance Aug 23 now support
*SUP 3: NZ$1.0880 - High Aug 17 now support
*SUP 4: NZ$1.0858 - Low Aug 23
*COMMENTARY: Pressure on the 21-DMA (NZ$1.1011) and daily bull channel base took
its toll Friday with a close below that eased bullish pressure and saw initial
focus shift to the NZ$1.0880-1.0913 support region. Layers of resistance have
followed the pair lower with bulls now needing a close above NZ$1.0994 to ease
immediate bearish pressure and above NZ$1.1025 to hint at a move back to
NZ$1.1107-42.

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