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AUSSIE-YEN TECHS: Above Y88.02 To Shift Focus........>

AUSSIE-YEN TECHS, AUSTRALIA VIEW
AUSSIE-YEN TECHS: Above Y88.02 To Shift Focus Higher
*RES 4: Y88.02 - High Aug 7, Bollinger band top 
*RES 3: Y87.81 - High Aug 30 
*RES 2: Y87.58 - Hourly resistance Aug 30a 
*RES 1: Y87.25 - Hourly resistance Aug 30
*PRICE: Y87.18 @ 2100GMT
*SUP 1: Y86.92 - Low Aug 30
*SUP 2: Y86.83 - Hourly support Aug 29
*SUP 3: Y86.67 - Hourly support Aug 29a
*SUP 4: Y86.12 - Hourly support Aug 29b
*COMMENTARY: The recovery from Tuesday's low saw the pair break above Y87.57 but
follow through has been lacking with the pair capped ahead of the key Y88.02
resistance. Bulls need a close above Y88.02 to end bearish hopes and shift focus
to Y88.81-89.42 where 2017 highs are noted. Support layers remain with bears now
looking for a close below Y86.67 to return focus to Y85.09-68 where 100 &
200-DMAs are noted.

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