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AUSSIE-YEN TECHS: Gaining Traction Below 21-WMA &....>

AUSSIE-YEN TECHS, AUSTRALIA VIEW
AUSSIE-YEN TECHS: Gaining Traction Below 21-WMA & 100-DMA
*RES 4: Y87.97 - 21-DMA 
*RES 3: Y87.79 - 55-DMA 
*RES 2: Y87.46 - High Oct 27 
*RES 1: Y87.08 - Hourly resistance Oct 30
*PRICE: Y86.90 @ 2030GMT
*SUP 1: Y86.54 - Low Sept 26
*SUP 2: Y86.35 - Daily Bear channel base
*SUP 3: Y85.96 - 200-DMA
*SUP 4: Y85.70 - Low Aug 29
*COMMENTARY: The pair remains heavy as it gains traction below the 100-DMA
(Y87.25) & 21-WMA (Y87.25) with bears currently focused on layers of support
Y85.45-86.54 where the bear channel base and 200-DMA are situated. The Bollinger
base (Y86.90) is the key concern for bears. Bulls continue to look for a close
above the 55-DMA to ease bearish pressure and above Y89.06 to end bearish hopes
and return focus to tests of 2017 highs.

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