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Looking A Little Heavy *RES 4: $0.7377...>

KIWI TECHS
KIWI TECHS: Looking A Little Heavy
*RES 4: $0.7377 - Hourly resistance Aug 7 
*RES 3: $0.7374 - 21-DMA 
*RES 2: $0.7337 - High Aug 21 
*RES 1: $0.7305 - Low Aug 21 now resistance
*PRICE: $0.7279 @ 2100GMT
*SUP 1: $0.7254 - Hourly resistance Aug 16 now support 
*SUP 2: $0.7223 - Low Aug 16
*SUP 3: $0.7203 - Monthly Low July 11 
*SUP 4: $0.7170 - Low June 7
*COMMENTARY: The break of the $0.7277 support is a concern for bulls and leaves
the pair looking heavy and focus having returned to $0.7203-23. Correcting O/B
daily studies remain the key concern for bears. Bulls now need a close above
$0.7305 to ease renewed bearish pressure and continue to look for a close above
$0.7391 to confirm a break of the 21-DMA and shift overall focus back to tests
of 2017 highs.

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