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AUSSIE-YEN TECHS: Below 55-DMA To Target 2018 Low....>

AUSSIE-YEN TECHS, AUSTRALIA VIEW
AUSSIE-YEN TECHS: Below 55-DMA To Target 2018 Low
*RES 4: Y84.89 - High Feb 21 
*RES 3: Y84.53 - High June 7 
*RES 2: Y84.27 - Hourly resistance June 7a 
*RES 1: Y83.88 - Hourly resistance June 7
*PRICE: Y83.67 @ 2130GMT
*SUP 1: Y83.34 - Alternating support/resistance
*SUP 2: Y82.71 - 55-DMA
*SUP 3: Y81.99 - Low May 31
*SUP 4: Y81.04 - Low May 30
*COMMENTARY: The 55-DMA confirmed significance having stalled the correction
lower from last week's high and provided the base for a bounce to start the new
week. Bulls continue to look for a close above Y84.18 to gain breathing room and
return focus to Y84-53-89. Bears continue to look for a close below the 55-DMA
to end bullish hopes and shift focus back to Y80.51-81.04 although Y81.99 may
slow the move.

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