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Gaining Traction Above 200-DMA *RES 4:...>

KIWI TECHS: Gaining Traction Above 200-DMA
*RES 4: $0.7276 - High Sept 26 
*RES 3: $0.7243 - High Sept 29 
*RES 2: $0.7200 - High Oct 17 
*RES 1: $0.7170 - Daily Bear channel top
*PRICE: $0.7161 @ 2030GMT
*SUP 1: $0.7130 - High Jan 2 now support
*SUP 2: $0.7112 - Alternating hourly support/resistance
*SUP 3: $0.7073 - Hourly support Dec 28
*SUP 4: $0.7054 - Low Dec 28
*COMMENTARY: Bullish confidence grows as the pair gains traction above the
200-DMA with immediate pressure on the daily bear channel top off 2017 highs.
Bulls now look for a close above $0.7243 to end bearish hopes and shift initial
focus to $0.7374.0.7433. O/B daily studies remain the key concern for bulls.
Bears now need a close below $0.7112 to ease pressure on the bear channel top.

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