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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: Y89.30 - 2017 High Sept 21 
*RES 3: Y89.67 - High Sept 25 
*RES 2: Y89.09 - High Oct 23 
*RES 1: Y88.37 - Low Oct 19 now resistance
*PRICE: Y87.96 @ 2030GMT
*SUP 1: Y87.75 - Hourly resistance Dec 27 now support
*SUP 2: Y87.06 - 100-DMA
*SUP 3: Y86.57 - 55-DMA
*SUP 4: Y86.28 - Hourly support Dec 19
*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 (Y88.24) are key concerns for bulls with potential
to limit follow through. Bears need a close below Y87.75 to gain breathing room
and below the 55-DMA to shift initial focus back to Y85.89-94 where the 200-DMA
is situated.

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