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AUSSIE-YEN TECHS: Bears Focused On Y81.50 *RES 4:....>

AUSSIE-YEN TECHS, AUSTRALIA VIEW
AUSSIE-YEN TECHS: Bears Focused On Y81.50
*RES 4: Y86.59 - 200-DMA 
*RES 3: Y86.11 - Hourly resistance Feb 7 
*RES 2: Y85.59 - High Feb 13 
*RES 1: Y84.89 - High Feb 14
*PRICE: Y84.05 @ 2030GMT
*SUP 1: Y83.85 - Hourly support Feb 14
*SUP 2: Y83.65 - 100-WMA
*SUP 3: Y83.32 - 2018 Low Feb 14
*SUP 4: Y82.56 - Low June 8
*COMMENTARY: Dips below the 100-WMA continue as does a lack of downside follow
through. Bears take comfort in the Y84.89 level capping Thursday as bulls now
need a close above Y84.89 to gain breathing room and above Y85.59 to shift focus
back to Y86.59-87.50 where key DMAs are clustered. Bears currently focus on
Y81.50 Apr 2017 monthly lows while Y84.89 caps. O/S studies remain a concern for
bears.

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