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AUSSIE-YEN TECHS: Bears Remain Focused On 2017 Low...>

AUSSIE-YEN TECHS, AUSTRALIA VIEW
AUSSIE-YEN TECHS: Bears Remain Focused On 2017 Low
*RES 4: Y84.89 - High Feb 14 
*RES 3: Y84.23 - Low Feb 20 now resistance 
*RES 2: Y83.80 - High Feb 28 
*RES 1: Y83.26 - Low Feb 23 now resistance
*PRICE: Y82.02 @ 2030GMT
*SUP 1: Y81.86 - Bollinger band base
*SUP 2: Y81.56 - 2018 Low Mar 2
*SUP 3: Y81.47 - 2017 Low May 19
*SUP 4: Y80.24 - Low Nov 11 2016
*COMMENTARY: Bears take comfort in continued fresh 2018 & 8mth lows that have
fallen just short of Y81.47 2017 lows that have been bearish focus for the past
couple of weeks. A close below 2017 lows potentially targets Y76.80. Bulls still
need a close above Y83.26 to gain breathing room and above Y84.89 to target a
correction back to key DMAs clustered Y86.45-58. O/S daily studies remain the
key concern for bears.

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