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AUSSIE-YEN TECHS: Capped Ahead Of Key Resistance.....>

AUSSIE-YEN TECHS: Capped Ahead Of Key Resistance Levels
*RES 4: Y87.08 - 100-DMA 
*RES 3: Y86.81 - Daily Bear channel top 
*RES 2: Y86.68 - 55-DMA 
*RES 1: Y86.58 - High Nov 15
*PRICE: Y86.07 @ 2030GMT
*SUP 1: Y85.94 - Low Dec 15
*SUP 2: Y85.64 - Low Dec 13
*SUP 3: Y85.52 - Hourly resistance Dec 12 now support
*SUP 4: Y85.05 - Hourly resistance Dec 8 now support
*COMMENTARY: Despite gaining confidence on the recovery from Y84.65 hesitation
ahead of Y86.58-87.10 where the 55 & 100-DMAs and bear channel top are located
is a concern with the Bollinger top noted at (Y86.16). Bulls continue to look
for a close above the 100-DMA to shift focus to Y87.67-89.06. The Y85.05-64
support region is key with bears needing a close below Y85.05 to reconfirm focus
on Y83.43-84.33 where the bear channel base (Y83.37) is noted.

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