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AUSSIE-YEN TECHS: Hesitating Ahead of 2017 High......>

AUSSIE-YEN TECHS, AUSTRALIA VIEW
AUSSIE-YEN TECHS: Hesitating Ahead of 2017 High
*RES 4: Y89.47 - Low Dec 7 2015 now resistance 
*RES 3: Y89.41 - 2017 High July 27 
*RES 2: Y89.34 - High Sept 18 
*RES 1: Y89.10 - Hourly support Sept 18 now resistance
*PRICE: Y88.82 @ 2100GMT
*SUP 1: Y88.54 - Low Sept 18
*SUP 2: Y88.33 - Hourly resistance Sept 14 now support
*SUP 3: Y87.66 - Low Sept 15
*SUP 4: Y87.40 - 55-DMA
*COMMENTARY: Gains defined last week with pressure having returned to Y89.41-47
where 2017 highs are situated. The Bollinger top (Y88.82) remains the key
concern for bulls and limits follow through. Layers of support accumulated last
week with bears now needing a close below Y88.33 to ease immediate bullish
pressure and hint at a correction back to Y87.36-66 where 21 & 55-DMAs are
located.

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