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AUSSIE-YEN TECHS: Immediate Focus On Key DMAs *RES...>

AUSSIE-YEN TECHS: Immediate Focus On Key DMAs
*RES 4: Y90.31 - 2017 High Sept 21 
*RES 3: Y89.73 - Hourly support Sept 20 now resistance 
*RES 2: Y89.50 - Alternating hourly support/resistance 
*RES 1: Y88.77 - Hourly resistance Sept 25
*PRICE: Y88.52 @ 2100GMT
*SUP 1: Y88.23 - Low Sept 26
*SUP 2: Y88.10 - 21-DMA
*SUP 3: Y87.70 - 55-DMA
*SUP 4: Y87.07 - Daily Bull channel base
*COMMENTARY: A bearish key day reversal following fresh 2017 highs was a concern
for bulls given daily studies looking to correct from O/B, the Bolli top
(Y89.88) limiting follow through and daily momentum divergence. Immediate focus
is on Y87.70-88.10 where the 21 & 55-DMAs are located. Correcting O/B studies
are adding weight to the bearish case. In saying that, Bulls need a close above
Y89.05 to gain breathing room and above Y89.73 to return focus to Y90.31-91.90.

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