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NZ$1.0650-94 Support Region Key...>

AUSSIE-KIWI TECHS
AUSSIE-KIWI TECHS: NZ$1.0650-94 Support Region Key
*RES 4: NZ$1.0882 - Low May 1 now resistance
*RES 3: NZ$1.0845 - Monthly High July 20
*RES 2: NZ$1.0827 - Bollinger band top
*RES 1: NZ$1.0733 - High Aug 2
*PRICE: NZ$1.0722 @ 2100GMT
*SUP 1: NZ$1.0694 - Hourly support Aug 2
*SUP 2: NZ$1.0650 - Low Aug 2
*SUP 3: NZ$1.0620 - 21-DMA, Daily Bull channel base
*SUP 4: NZ$1.0588 - Low July 31
*COMMENTARY: The pair found support on a dip below the 21 & 200-DMA Monday with
gains continuing and immediate focus now on NZ$1.0733. Bulls need a close above
NZ$1.0733 to confirm focus on tests of NZ$1.0845 July highs. Daily studies are
well placed for gains. Bears now need a close below NZ$1.0694 to gain breathing
room and below NZ$1.0588 to shift immediate pressure back to the 55-DMA
(NZ$1.0550).

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