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Overall Focus Returns To 2017 Lows.......>

KIWI TECHS
KIWI TECHS: Overall Focus Returns To 2017 Lows
*RES 4: $0.7189 - Hourly resistance Oct 4a 
*RES 3: $0.7172 - Hourly resistance Oct 4 
*RES 2: $0.7153 - 200-DMA 
*RES 1: $0.7146 - Low Oct 4 now resistance
*PRICE: $0.7112 @ 2000GMT
*SUP 1: $0.7054 - Monthly Low June 1
*SUP 2: $0.7041 - Daily Bear channel base A
*SUP 3: $0.7035 - Low May 30
*SUP 4: $0.7017 - Daily Bear channel base B
*COMMENTARY: A lack of topside follow through has seen pressure maintained on
the 200-DMA this week resulting a break lower and the pair looking heavy.
Overall focus has now shifted to 2017 lows with bearish initially focused on the
$0.6950-0.7054 region where channel bases are noted. Bulls now need a close
above the 200-DMA to gain breathing room and above $0.7172 to hint at a
correction back to $0.7218-93.

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