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Looking To Gain Traction Above....>

AUSSIE-KIWI TECHS
AUSSIE-KIWI TECHS: Looking To Gain Traction Above 55-DMA
*RES 4: NZ$1.0805 - 55-WMA
*RES 3: NZ$1.0797 - 100-DMA
*RES 2: NZ$1.0762 - High Mar 22
*RES 1: NZ$1.0693 - 100-WMA
*PRICE: NZ$1.0681 @ 0230GMT
*SUP 1: NZ$1.0673 - 55-DMA
*SUP 2: NZ$1.0601 - High Apr 17 now support
*SUP 3: NZ$1.0549 - Low Apr 16
*SUP 4: NZ$1.0486 - 2018 Low Apr 12
*COMMENTARY: The bounce from recent 2018 & 9mth lows confirmed the significance
of the LT rising daily TL (NZ$1.0477) off 2015 lows with bulls still needing a
close above the 55-DMA to shift focus to NZ$1.0762-1.0894 where key DMAs, WMAs
and the bear channel top are situated. Bears continue to look for a close below
NZ$1.0601 to ease bullish pressure and below NZ$1.0549 to see the LT rising TL
off 2015 lows pressured once more.

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