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AUSSIE-YEN TECHS: Below Y82.00 To Target 2018 Low....>

AUSSIE-YEN TECHS, AUSTRALIA VIEW
AUSSIE-YEN TECHS: Below Y82.00 To Target 2018 Low
*RES 4: Y84.04 - High May 23 
*RES 3: Y83.88 - Hourly support May 23 now resistance 
*RES 2: Y83.54 - Hourly resistance May 23 
*RES 1: Y83.16 - High May 25
*PRICE: Y82.52 @ 2130GMT
*SUP 1: Y82.38 - Low May 24
*SUP 2: Y82.18 - Low May 16
*SUP 3: Y82.00 - High May 9 now support
*SUP 4: Y81.13 - Low May 9
*COMMENTARY: The lack of follow through above the 100-DMA left the pair looking
heavy Wednesday and bears capitalised with a sell-off that has so far found
support below the 55-DMA. Correcting O/B studies are a concern for bulls. Bulls
now need a close above Y83.54 to gain breathing room and above Y84.51 to add
support to the case for a test of 200-DMA & WMAs. The Y82.00 support is key this
week. Bears need a close below to target 2018 lows.

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