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AUSSIE-YEN TECHS: Above 21-DMA to Target Channel.....>

AUSSIE-YEN TECHS, AUSTRALIA VIEW
AUSSIE-YEN TECHS: Above 21-DMA to Target Channel Top
*RES 4: Y88.59 - Daily Bear channel top 
*RES 3: Y88.37 - Low Oct 19 now resistance 
*RES 2: Y87.97 - 21-DMA 
*RES 1: Y87.79 - 55-DMA
*PRICE: Y87.54 @ 2030GMT
*SUP 1: Y87.31 - Hourly resistance Nov 1 now support
*SUP 2: Y87.16 - Hourly support Nov 1
*SUP 3: Y86.93 - Low Nov 1
*SUP 4: Y86.54 - Low Sept 26
*COMMENTARY: Downside follow through was lacing on fresh 7 week lows for the
pair Tuesday with the Bollinger base (Y86.76) remaining a concern. Layers of
resistance remain with bulls still needing a close above the 21-DMA to shift
focus back to Y88..40-89.06 where the daily bear channel top (Y88.59) off Sept
highs is noted. Bears now look for a close back below Y87.31 to reconfirm focus
on Y85.45-86.24.

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