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

AUSSIE-YEN TECHS, AUSTRALIA VIEW
AUSSIE-YEN TECHS: 100-DMA Support Remains Key
*RES 4: Y90.30 - 2017 High Sept 21 
*RES 3: Y89.67 - High Sept 25 
*RES 2: Y89.09 - High Oct 23 
*RES 1: Y88.46 - High Jan 26
*PRICE: Y88.18 @ 2030GMT
*SUP 1: Y87.68 - Low Jan 16
*SUP 2: Y87.35 - 100-DMA
*SUP 3: Y86.75 - 55-DMA
*SUP 4: Y86.39 - 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 key support. Bears look for a
close below the 100-DMA to initially focus on Y85.92-86.75 where 55 & 200-DMAs
are situated. Bulls continue to look for a close above Y89.09 to reconfirm a
bullish bias and target 2017 highs (Y90.30). The Bollinger band top (Y89.05) is
the key concern for bulls and limits follow through.

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