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NZ$1.0843 Support Remains Key.....>

AUSSIE-KIWI TECHS
AUSSIE-KIWI TECHS: NZ$1.0843 Support Remains Key
*RES 4: NZ$1.1139 - High Nov 14
*RES 3: NZ$1.1073 - 2018 High Jan 29
*RES 2: NZ$1.1006 - Low Jan 30 now resistance
*RES 1: NZ$1.0947 - High May 22
*PRICE: NZ$1.0923 @ 2130GMT
*SUP 1: NZ$1.0843 - High May 11 now support
*SUP 2: NZ$1.0808 - 55-WMA
*SUP 3: NZ$1.0758 - 100-DMA
*SUP 4: NZ$1.0690 - 55-DMA
*COMMENTARY: Bears have so far failed to capitalise on Friday's sell-off with
the bounce from ahead of NZ$1.0843 to start the new week confirming significance
of this level. Bulls now look for a close above NZ$1.0947 to reconfirm focus on
2018 highs. Bears need a close below NZ$1.0843 to confirm an easing of bullish
pressure and see focus shift back to tests of the 100-DMA (NZ$1.0758).
Correcting O/B daily studies are the key concern for bulls.

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