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Focus Shifts To Channel Base......>

AUSSIE-KIWI TECHS
AUSSIE-KIWI TECHS: Focus Shifts To Channel Base
*RES 4: NZ$1.1291 - 2017 High Oct 25
*RES 3: NZ$1.1240 - High Oct 26
*RES 2: NZ$1.1170 - High Nov 2
*RES 1: NZ$1.1117 - Hourly resistance Nov 3
*PRICE: NZ$1.1074 @ 2000GMT
*SUP 1: NZ$1.1047 - Low Nov 3
*SUP 2: NZ$1.1025 - Previous key resistance now support
*SUP 3: NZ$1.1015 - 55-DMA
*SUP 4: NZ$1.1003 - Daily Bull channel base
*COMMENTARY: The close below the 21-DMA (NZ$1.1089) leaves the pair looking
heavy and focus having returned to NZ$1.1003-25 where the daily bull channel
base and 55-DMA are situated. Bears now need a close below the channel base to
end bullish hopes and shift immediate focus to NZ$1.0900. Bulls now need a close
above NZ$1.1117 to ease bearish pressure and above NZ$1.1170 to shift focus back
to NZ$1.1240-91.

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