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

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

*RES 4: Y88.02 - High Aug 7 

*RES 3: Y87.86 - Bollinger band top 

*RES 2: Y87.81 - High Aug 30 

*RES 1: Y87.58 - Hourly resistance Aug 30a

*PRICE: Y87.38 @ 2100GMT

*SUP 1: Y86.92 - Low Aug 30

*SUP 2: Y86.81 - 21-DMA, 55-DMA

*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 Y85.14-68 where 100 &

200-DMAs are noted.