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NZ$1.0932-1.1003 Support Region...>

AUSSIE-KIWI TECHS: NZ$1.0932-1.1003 Support Region Key
*RES 4: NZ$1.1290 - 2017 High Oct 24
*RES 3: NZ$1.1238 - High Oct 26
*RES 2: NZ$1.1139 - High Nov 14
*RES 1: NZ$1.1073 - 2018 High Jan 30
*PRICE: NZ$1.1017 @ 2030GMT
*SUP 1: NZ$1.1003 - 100-DMA
*SUP 2: NZ$1.0986 - 55-DMA
*SUP 3: NZ$1.0932 - Low Jan 25
*SUP 4: NZ$1.0846 - 200-DMA
*COMMENTARY: Fresh 2018 & 2mth highs lacked follow through with bulls focused on
a break of NZ$1.1139 to add support to the case for a test of 2017 highs. Layers
of support remain with bears needing a close below the 55-DMA to ease bullish
pressure and below NZ$1.0932 to shift focus back to NZ$1.0824-46 where the
200-DMA is situated. Overall bears need a close below the 100-WMA (NZ$1.0734) to
target tests of the weekly TL off 2014 lows coming in around NZ$1.0442.

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