AUSSIE-YEN TECHS: Bears Need Close Below 100-DMA.....>

AUSSIE-YEN TECHS: Bears Need Close Below 100-DMA

*RES 4: Y88.69 - High Oct 24 

*RES 3: Y88.37 - Low Oct 19 now resistance 

*RES 2: Y88.15 - 21-DMA 

*RES 1: Y87.76 - Hourly support Oct 25 now resistance

*PRICE: Y87.57 @ 2030GMT

*SUP 1: Y87.31 - Low Oct 25

*SUP 2: Y87.23 - Low Oct 10

*SUP 3: Y87.13 - 100-DMA

*SUP 4: Y86.54 - Low Sept 26

*COMMENTARY: Topside follow through has been lacking so far this week resulting

in a likely close below the 55 (Y87.73) & 21 (Y88.13) DMAs and bull channel base

(Y87.98) that sees immediate focus now on the 100-DMA. Bears look for a close

below the 100-DMA to add weight to the case for a move back to Y85.45-94 where

the 200-DMA is noted. Bulls need a close above the 55-DMA to gain breathing room

and above Y88.37 to confirm a correction back to Y89.06.