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AUSSIE-YEN TECHS: Bulls Targeting 2017 High *RES.....>

AUSSIE-YEN TECHS, AUSTRALIA VIEW
AUSSIE-YEN TECHS: Bulls Targeting 2017 High
*RES 4: Y89.09 - High Oct 23 
*RES 3: Y88.37 - Low Oct 19 now resistance 
*RES 2: Y88.09 - High Nov 2 
*RES 1: Y87.72 - Alternating hourly support/resistance
*PRICE: Y87.45 @ 2030GMT
*SUP 1: Y87.02 - 100-DMA
*SUP 2: Y86.56 - 55-DMA
*SUP 3: Y86.28 - Hourly support Dec 19
*SUP 4: Y85.86 - 200-DMA
*COMMENTARY: Gains continue with pressure on the 100-DMA taking its toll and the
close above shifting overall focus to tests of 2017 highs (Y90.30). O/B daily
studies and the Bollinger top (Y87.74) are key concerns for bulls with potential
to limit follow through. Bears still need a close below the 100-DMA to gain
breathing room and below the 55-DMA to shift initial focus back to Y85.86-93
where 21 & 200-DMAs are situated.

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