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Hesitating Around 21-DMA *RES 4:.........>

KIWI TECHS
KIWI TECHS: Hesitating Around 21-DMA
*RES 4: $0.7298 - High Aug 29 
*RES 3: $0.7264 - High Sept 5 
*RES 2: $0.7237 - Hourly resistance Sept 6a 
*RES 1: $0.7205 - Hourly resistance Sept 6
*PRICE: $0.7199 @ 2100GMT
*SUP 1: $0.7187 - 100-DMA 
*SUP 2: $0.7131 - 200-DMA
*SUP 3: $0.7035 - Low May 30
*SUP 4: $0.6987 - Low May 24
*COMMENTARY: Hesitation around the 21-DMA ($0.7250) continues with the sell-off
likely to result in a bearish close with focus having returned to the 200-DMA
support. Bears need a close below the 200-DMA to shift immediate focus to
$0.6950 and overall focus to tests of 2017 lows ($0.6814). Layers of resistance
remain $0.7263-0.7337 with bulls needing a close above $0.7337 to confirm a
break of the 55-DMA ($0.7314) and to shift overall focus to 2017 highs.

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