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AUSSIE-YEN TECHS: 100-DMA Support Now Key *RES 4:....>

AUSSIE-YEN TECHS, AUSTRALIA VIEW
AUSSIE-YEN TECHS: 100-DMA Support Now Key
*RES 4: Y89.67 - High Sept 25 
*RES 3: Y89.09 - High Oct 23, Bollinger band top 
*RES 2: Y88.78 - Hourly support Jan 23 now resistance 
*RES 1: Y88.38 - Low Jan 19
*PRICE: Y88.13 @ 2030GMT
*SUP 1: Y87.73 - Low Jan 16
*SUP 2: Y87.32 - 100-DMA
*SUP 3: Y86.70 - 55-DMA
*SUP 4: Y86.30 - 200-DMA
*COMMENTARY: Bulls again failed to take out Y89.09 with the correction leaving
the pair looking a little heavy. The 100-DMA is now key support. Bears look for
a close below the 100-DMA to initially focus on Y85.92-86.64 where 55 & 200-DMAs
are situated. Bulls continue to look for a close above Y89.09 reconfirm a
bullish bias and focus on tests of 2017 highs (Y90.30). The Bollinger band top
is the key concern for bulls and limits follow through.

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