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Immediate Focus Shifts To.........>

AUSSIE-KIWI TECHS
AUSSIE-KIWI TECHS: Immediate Focus Shifts To 200-DMA
*RES 4: NZ$1.0894 - High Feb 8
*RES 3: NZ$1.0857 - 200-DMA
*RES 2: NZ$1.0835 - 55-WMA
*RES 1: NZ$1.0815 - Bollinger band top
*PRICE: NZ$1.0796 @ 2030GMT
*SUP 1: NZ$1.0738 - 21-DMA
*SUP 2: NZ$1.0650 - 2018 Low Feb 22
*SUP 3: NZ$1.0588 - Low July 31
*SUP 4: NZ$1.0491 - Low July 13
*COMMENTARY: Bulls take comfort in the close above NZ$1.0776 that eases bearish
pressure with focus on the 200-DMA. Bulls need a close above the 200-DMA to hint
at a move back to NZ$1.0943-74 where the bear channel top off 2017 highs and the
100-DMA are noted. The 21-DMA is initial support with bears needing a close
below to signal a false break of NZ$1.0776 and return immediate focus to 2018
lows and then NZ$1.0458-91 where the LT rising TL off 2015 lows is noted.

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