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AUSSIE-YEN TECHS: Focus Firmly On Y84.04-85.59.......>

AUSSIE-YEN TECHS, AUSTRALIA VIEW
AUSSIE-YEN TECHS: Focus Firmly On Y84.04-85.59
*RES 4: Y85.45 - 200-DMA 
*RES 3: Y84.89 - High Feb 21 
*RES 2: Y84.51 - High Mar 13 
*RES 1: Y84.04 - High May 23
*PRICE: Y83.95 @ 2130GMT
*SUP 1: Y83.64 - 100-DMA
*SUP 2: Y83.42 - Alternating daily support/resistance
*SUP 3: Y82.94 - High June 1 now support
*SUP 4: Y82.79 - 21-DMA
*COMMENTARY: Bulls take comfort in the close above the 21-DMA Friday which has
been followed up with gains Monday that sees focus on layers of resistance
Y84.04-85.59 where the 200-DMA (Y85.45) is found. Correcting O/S studies add to
bullish confidence. Bears now need a close below Y83.42 to gain breathing room
and below the 21-DMA to return focus to Y80.51-81.04.

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