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Pressure Remains On 21-DMA *RES 4:.......>

KIWI TECHS
KIWI TECHS: Pressure Remains On 21-DMA
*RES 4: $0.7524 - High July 28 
*RES 3: $0.7496 - Hourly resistance Aug 1 
*RES 2: $0.7458 - High July 21, Hourly resistance Aug 2 
*RES 1: $0.7429 - Hourly resistance Aug 4
*PRICE: $0.7415 @ 2100GMT
*SUP 1: $0.7391 - Low July 21, 21-DMA
*SUP 2: $0.7384 - Hourly support July 20, 21-DMA
*SUP 3: $0.7371 - Daily Bull channel base
*SUP 4: $0.7334 - Low July 20
*COMMENTARY: Bulls take comfort in support emerging ahead of the 21-DMA and key
$0.7334-91 support region where the 21-DMA and daily bull channel base are
situated. The $0.7458 resistance remains key with bulls needing a close above to
ease bearish pressure and to shift focus back to $0.7524-58 where 2017 highs are
noted. Bears look for a close below $0.7334 to shift immediate focus to the
55-DMA ($0.7269).

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