AUSSIE-YEN TECHS: Bears Need Close Below Y83.32......>

AUSSIE-YEN TECHS: Bears Need Close Below Y83.32

*RES 4: Y84.89 - High Feb 14 

*RES 3: Y84.54 - High Mar 13 

*RES 2: Y84.09 - Hourly resistance Mar 13 

*RES 1: Y83.81 - Hourly support Mar 13 now resistance

*PRICE: Y83.71 @ 2030GMT

*SUP 1: Y83.32 - High Mar 6

*SUP 2: Y82.50 - Low Mar 8

*SUP 3: Y82.03 - Low Mar 7

*SUP 4: Y81.47 - 2017 Low May 19, 2018 Low Mar 5

*COMMENTARY: The recovery from 2018 lows and the double daily bottom looks to be

in trouble with a lack of follow through leaving the pair looking heavy today.

Bears continue to look for a close below Y83.32 to confirm an easing of bullish

pressure and below Y82.50 to confirm focus on 2018 lows. Bulls now need a close

above Y84.09 to gain breathing room and above Y84.89 to add support to the case

for a test of DMAs Y86.11-61.