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NZ$1.0697 Support Key This Week...>

AUSSIE-KIWI TECHS
AUSSIE-KIWI TECHS: NZ$1.0697 Support Key This Week
*RES 4: NZ$1.0906 - Low May 25 now resistance
*RES 3: NZ$1.0879 - 200-DMA
*RES 2: NZ$1.0854 - High June 8
*RES 1: NZ$1.0827 - Low June 5 now resistance
*PRICE: NZ$1.0803 @ 2130GMT
*SUP 1: NZ$1.0774 - Low June 1
*SUP 2: NZ$1.0762 - Alternating daily support/resistance
*SUP 3: NZ$1.0749 - 100-DMA
*SUP 4: NZ$1.0723 - 55-DMA
*COMMENTARY: Failure to take out NZ$1.0906 reconfirmed its significance with a
sell-off Friday reconfirming a return in focus to NZ$1.0697-1.0774 where 55 &
100-DMAs and the 100-WMA are noted. Bears now need a close below NZ$1.0697 to
confirm breaks and return overall focus to 2018 lows. Bulls now need a close
above NZ$1.0584 to gain breathing room and return focus to the NZ$1.0906-62
resistance region.

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