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Immediate Pressure Back On 2018 Low......>

KIWI TECHS
KIWI TECHS: Immediate Pressure Back On 2018 Low
*RES 4: $0.6999 - Hourly resistance June 14 
*RES 3: $0.6969 - Low June 14 now resistance 
*RES 2: $0.6921 - High June 25 
*RES 1: $0.6882 - Alternating daily support/resistance
*PRICE: $0.6852 @ 2130GMT
*SUP 1: $0.6846 - Hourly support June 21a
*SUP 2: $0.6823 - 2018 Low June 21
*SUP 3: $0.6815 - Monthly Low Dec 1
*SUP 4: $0.6779 - 2017 Low Nov 17
*COMMENTARY: The recovery from last week's low appears to have stalled with
immediate pressure back on 2018 lows and the pair looking offered once again.
Bears now look for a close below $0.6779 to reconfirm the bearish bias and focus
on $0.6543-0.6674 where the weekly bear channel base is noted along with monthly
lows. Bulls now need a close above $0.6921 to gain breathing room and above the
55-DMA ($0.7014) to return focus to $0.7059-0.7157 where key DMAs are noted.

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