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AUSSIE-YEN TECHS: Below Y80.24 To Target.............>

AUSSIE-YEN TECHS, AUSTRALIA VIEW
AUSSIE-YEN TECHS: Below Y80.24 To Target Y74.50-75.95
*RES 4: Y82.51 - 55-DMA 
*RES 3: Y82.28 - 21-DMA 
*RES 2: Y82.10 - High July 2 
*RES 1: Y81.48 - Hourly support July 2 now resistance
*PRICE: Y81.36 @ 2130GMT
*SUP 1: Y80.99 - Low July 2
*SUP 2: Y81.05 - Low June 29
*SUP 3: Y80.63 - Low June 19
*SUP 4: Y80.51 - 2018 Low Mar 23
*COMMENTARY: Despite bearish pressure the past couple of weeks bears have failed
to make fresh 2018 lows. The bounce last week saw bulls gain breathing room but
key DMAs clustered tightly Y82.28-64 are a concern. Bulls now need a close above
the 100-DMA (Y82.64) to end bearish hopes and shift focus back to Y83.63-85.00
where the 200-DMA is noted. While the 100-DMA caps bears target a break lower.

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