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NZ$1.1092-1.1144 Support..........>

AUSSIE-KIWI TECHS
AUSSIE-KIWI TECHS: NZ$1.1092-1.1144 Support Remains Key
*RES 4: NZ$1.1347 - Monthly High Sept 17 2015
*RES 3: NZ$1.1328 - 2016 High Mar 23
*RES 2: NZ$1.1291 - 2017 High Oct 25
*RES 1: NZ$1.1221 - Hourly resistance Oct 25
*PRICE: NZ$1.1199 @ 2000GMT
*SUP 1: NZ$1.1163 - Low Oct 24
*SUP 2: NZ$1.1149 - Hourly support Oct 19
*SUP 3: NZ$1.1144 - High Sept 7 now support
*SUP 4: NZ$1.1092 - High Sept 15 now support
*COMMENTARY: Bullish confidence grew with Tuesday's tally but the Bollinger top
(NZ$1.1258) remains a concern for bulls and continues to limit follow through.
In saying that, bears still need a close below NZ$1.1144 to gain breathing room
and below NZ$1.1092 to shift focus back to NZ$1.0954-1.1025 where key DMAs and
the bull channel base are noted. While NZ$1.1144 supports bulls focus on the
NZ$1.1328-1.1429 where 2015 highs and the bull channel top are situated.

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