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O/S Daily Studies Looking to Correct.....>

KIWI TECHS
KIWI TECHS: O/S Daily Studies Looking to Correct Higher
*RES 4: $0.7391 - Low July 21 now resistance 
*RES 3: $0.7388 - 21-DMA 
*RES 2: $0.7377 - Hourly resistance Aug 7 
*RES 1: $0.7335 - High Aug 17
*PRICE: $0.7312 @ 2100GMT
*SUP 1: $0.7277 - Alternating hourly support/resistance
*SUP 2: $0.7254 - Hourly resistance Aug 16 now support 
*SUP 3: $0.7223 - Low Aug 16
*SUP 4: $0.7203 - Monthly Low July 11
*COMMENTARY: Wednesday's bullish key day reversal has so far lacked follow
through with the pair looking a little heavy on the hourlies. The $0.7277
support remains key with bears needing a close below to shift focus back to
$0.7203-23. Correcting O/B daily studies remain the key concern for bears and
add support to the case for a correction. Bulls now look for a close above
$0.7391 to shift overall focus back to tests of 2017 highs.

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