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AUSSIE-YEN TECHS: Below Y81.90 To Target 2018 Low....>

AUSSIE-YEN TECHS, AUSTRALIA VIEW
AUSSIE-YEN TECHS: Below Y81.90 To Target 2018 Low
*RES 4: Y83.59 - Hourly support Apr 18 now resistance 
*RES 3: Y83.15 - High Apr 20 
*RES 2: Y82.78 - 55-DMA 
*RES 1: Y82.37 - Low Apr 27 now resistance
*PRICE: Y82.26 @ 2130GMT
*SUP 1: Y82.01 - Daily Bull channel base
*SUP 2: Y81.87 - Low Apr 6
*SUP 3: Y81.26 - Low Apr 4
*SUP 4: Y80.77 - Low Mar 28
*COMMENTARY: The 55-DMA capped last week and pressure on Y82.37 has resulted in
a close below Monday and bears now looking for a close below Y81.90 to shift
focus back to 2018 lows. Bulls now need a close above the 55-DMA to ease bearish
pressure and shift focus back to Y83.94-84.06. Daily studies lingering at
modestly O/S levels are seen as the key concern for bears.

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