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AUSSIE-YEN TECHS: Bulls Targeting Key DMA & WMAs.....>

AUSSIE-YEN TECHS, AUSTRALIA VIEW
AUSSIE-YEN TECHS: Bulls Targeting Key DMA & WMAs
*RES 4: Y86.95 - 200-WMA 
*RES 3: Y85.64 - 200-DMA 
*RES 2: Y85.49 - 100-WMA 
*RES 1: Y84.51 - High Feb 21
*PRICE: Y84.19 @ 2130GMT
*SUP 1: Y83.42 - High May 18 now support
*SUP 2: Y82.60 - 21-DMA
*SUP 3: Y82.51 - 55-DMA
*SUP 4: Y82.00 - High May 9 now support
*COMMENTARY: Gains continued to start the new week with an aggressive rally that
sees the pair flirting with the 100-DMA (Y84.18) & 21-WMA (Y84.09). Bulls now
look for a close above the 100-DMA to add support to the case for a test of
200-DMA & WMAs. Daily studies approaching O/B are a concern for bulls. Initial
support is noted at Y83.42 with bears needing a close below to ease bullish
pressure.

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