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NZ$1.0992 Support Remains Key.....>

AUSSIE-KIWI TECHS
AUSSIE-KIWI TECHS: NZ$1.0992 Support Remains Key
*RES 4: NZ$1.1170 - High Nov 2
*RES 3: NZ$1.1126 - High Nov 6
*RES 2: NZ$1.1097 - High Nov 8
*RES 1: NZ$1.1050 - Alternating hourly support/resistance
*PRICE: NZ$1.1038 @ 2030GMT
*SUP 1: NZ$1.0992 - High Oct 18 now support
*SUP 2: NZ$1.0900 - Hourly resistance Oct 3 now support
*SUP 3: NZ$1.0859 - 100-DMA
*SUP 4: NZ$1.0821 - Low Sept 21
*COMMENTARY: The closes below the 21-DMA (NZ$1.1103) left the pair looking heavy
and focus having returned to NZ$1.0992-1.1031 where the daily bull channel base
and 55-DMA are situated. Bears still need a close below NZ$1.0992 to end bullish
hopes and shift immediate focus to NZ$1.0900. Bulls still need a close above
NZ$1.1126 to ease bearish pressure and above NZ$1.1170 to shift focus back to
NZ$1.1240-91.

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