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NZ$1.0946 Support Remains Key.....>

AUSSIE-KIWI TECHS
AUSSIE-KIWI TECHS: NZ$1.0946 Support Remains Key
*RES 4: NZ$1.1185 - High Nov 1
*RES 3: NZ$1.1139 - High Nov 14
*RES 2: NZ$1.1045 - Low Dec 5 now resistance
*RES 1: NZ$1.1027 - Hourly resistance Dec 6
*PRICE: NZ$1.0997 @ 2030GMT
*SUP 1: NZ$1.0946 - Monthly Low Nov 29
*SUP 2: NZ$1.0904 - Low Oct 17
*SUP 3: NZ$1.0824 - Low Sept 21
*SUP 4: NZ$1.0825 - 200-DMA
*COMMENTARY: Topside follow through was lacking last week with pressure
resulting in closes below the 55-DMA (NZ$1.1038) following dips to the 100-DMA.
Bears look for a close below NZ$1.0946 to confirm breaks of the 100-DMA and
channel base with below NZ$1.0904 needed to shift focus to NZ$1.0798-1.0824
where the 200-DMA is located. Bulls still need a close above NZ$1.1045 to ease
pressure on key supports and initially target NZ$1.1139.

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