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AUSSIE-YEN TECHS: Bulls Need Close Above Y82.70......>

AUSSIE-YEN TECHS, AUSTRALIA VIEW
AUSSIE-YEN TECHS: Bulls Need Close Above Y82.70
*RES 4: Y83.49 - Low Mar 14 now resistance 
*RES 3: Y82.70 - Low Mar 15 now resistance 
*RES 2: Y82.22 - Hourly support Mar 22 now resistance 
*RES 1: Y81.73 - Hourly resistance Mar 26
*PRICE: Y81.68 @ 2030GMT
*SUP 1: Y80.90 - Hourly support Mar 26
*SUP 2: Y80.51 - 2018 Low Mar 23
*SUP 3: Y80.24 - Low Nov 11 2016
*SUP 4: Y76.78 - Monthly Low Nov 9 2016
*COMMENTARY: Fresh 2018 & 18mth lows were seen Friday with bulls taking comfort
in the bounce Monday. In saying that, bulls continue to look for a close above
Y82.70 to hint at a move back to Y84.51-89 with above Y83.49 to confirm. Daily
studies are now correcting from O/S levels. While Y82.70 caps bears focus on the
break of Y80.24 needed to target Y75.95-76.78. The Bollinger base (Y80.73)
remains the key concern for bears.

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