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AUSSIE-YEN TECHS: Above Y84.51 Initially Targets.....>

AUSSIE-YEN TECHS, AUSTRALIA VIEW
AUSSIE-YEN TECHS: Above Y84.51 Initially Targets 200-DMA
*RES 4: Y85.59 - High Feb 13 
*RES 3: Y85.42 - 200-DMA 
*RES 2: Y84.89 - High Feb 21 
*RES 1: Y84.51 - High Mar 13
*PRICE: Y84.45 @ 2130GMT
*SUP 1: Y83.93 - Hourly resistance June 6 now support
*SUP 2: Y83.55 - 100-DMA
*SUP 3: Y83.34 - Low June 5
*SUP 4: Y82.94 - High June 1 now support
*COMMENTARY: Closes above the 100-DMA (Y83.55) & 100-WMA (Y84.00) add to bullish
confidence and see pressure on the Y84.51 resistance. Bulls look for a close
above this level to confirm initial focus on Y85.43-59 where the 200-DMA is
located. Support layers are accumulating with bears now needing a close below
Y83.93 to gain breathing room and below the 55-DMA (Y82.59) to end bullish hopes
and shift focus back to Y80.51-81.04.

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