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AUSSIE-YEN TECHS: Bears Focused On 2018 Low *RES.....>

AUSSIE-YEN TECHS, AUSTRALIA VIEW
AUSSIE-YEN TECHS: Bears Focused On 2018 Low
*RES 4: Y83.37 - Hourly resistance June 14 
*RES 3: Y82.97 - Hourly support June 14 now resistance 
*RES 2: Y82.49 - Hourly resistance June 15 
*RES 1: Y81.89 - Low June 18 now resistance
*PRICE: Y81.45 @ 0235GMT
*SUP 1: Y81.04 - Low May 30
*SUP 2: Y80.77 - Low Mar 28
*SUP 3: Y80.51 - 2018 Low Mar 23
*SUP 4: Y80.24 - Low Nov 11 2016
*COMMENTARY: Pressure returning to the 55-DMA (Y82.78) resulted in a close below
Thursday, ending bullish hopes and shifting focus back to Y80.51-81.04. Daily
studies have room to move before O/S is an issue although the Bollinger base
(Y81.41) is a concern. Bulls now need a close above Y81.89 to gain breathing
room and above Y82.97 to shift focus back to layers of resistance Y83.63-84.53.

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