Focus Returns To $0.7174-82 *RES 4:......>

KIWI TECHS: Focus Returns To $0.7174-82

*RES 4: $0.7337 - Hourly resistance Mar 14 

*RES 3: $0.7303 - Hourly support Mar 15 now resistance 

*RES 2: $0.7280 - 21-DMA 

*RES 1: $0.7243 - Low Mar 8 now resistance

*PRICE: $0.7212 @ 2030GMT

*SUP 1: $0.7192 - Bollinger band base

*SUP 2: $0.7182 - 200-DMA

*SUP 3: $0.7174 - Monthly Low Feb 8

*SUP 4: $0.7120 - 100-DMA

*COMMENTARY: The pair remains heavy following the aggressive break of the 55-DMA

Friday that sees immediate focus on $0.7174-82 this week where the 200-DMA and

Feb low are located. Bears need a close below $0.7174 to hint at a move back to

Dec lows with a close below the 100-DMA to confirm breaks of key WMAs and add

weight to the case for a move targeting Nov lows ($0.6779). Bulls now need a

close above the 21-DMA to ease bearish pressure.