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Immediate Focus Remains On The....>

AUSSIE-KIWI TECHS
AUSSIE-KIWI TECHS: Immediate Focus Remains On The 200-DMA
*RES 4: NZ$1.0731 - Low July 20 now resistance
*RES 3: NZ$1.0713 - High July 26
*RES 2: NZ$1.0680 - High July 27
*RES 1: NZ$1.0655 - Hourly resistance July 27
*PRICE: NZ$1.0638 @ 2100GMT
*SUP 1: NZ$1.0619 - Low July 27
*SUP 2: NZ$1.0606 - 200-DMA
*SUP 3: NZ$1.0582 - 21-DMA
*SUP 4: NZ$1.0553 - 55-DMA
*COMMENTARY: Hesitation around the 100-DMA (NZ$1.0679) continues with the
failure to trouble NZ$1.0731 leaving the pair looking heavy and pressure back on
layers of support NZ$1.0553-1.0606 where key DMAs are clustered. Bears look for
a close below the 55-DMA to confirm focus on retests of 2017 lows. Bulls now
look for a close above NZ$1.0680 to gain breathing room but a close above
NZ$1.0731 remains needed to shift focus back to NZ$1.0845 July highs so far.

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