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Remains Supported Ahead Of........>

AUSSIE-KIWI TECHS
AUSSIE-KIWI TECHS: Remains Supported Ahead Of 100-DMA
*RES 4: NZ$1.1185 - High Nov 1
*RES 3: NZ$1.1139 - High Nov 14
*RES 2: NZ$1.1063 - 21-DMA
*RES 1: NZ$1.1035 - High Nov 29
*PRICE: NZ$1.0993 @ 2030GMT
*SUP 1: NZ$1.0977 - Bollinger band base
*SUP 2: NZ$1.0946 - Low Nov 28
*SUP 3: NZ$1.0942 - 100-DMA
*SUP 4: NZ$1.0904 - Low Oct 17
*COMMENTARY: Bears take comfort in closes below the 55-DMA but the Bollinger
base is an issue and currently limits follow through as support emerges ahead of
the 100-DMA. Bears still look for a close below the 100-DMA to add weight to the
case for a test of NZ$1.0798-1.0827 where the 200-DMA (NZ$1.0814) is noted. The
21-DMA remains key resistance with bulls needing a close above to shift initial
focus back to NZ$1.1139 and overall focus to 2017 highs.

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