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

AUSSIE-YEN TECHS, AUSTRALIA VIEW
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: Y89.05 - Alternating hourly support/resistance 
*RES 1: Y88.90 - High Sept 27
*PRICE: Y88.56 @ 2100GMT
*SUP 1: Y88.23 - Low Sept 26
*SUP 2: Y88.16 - 21-DMA
*SUP 3: Y87.73 - 55-DMA
*SUP 4: Y87.14 - 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
(Y89.91) limiting follow through and daily momentum divergence. Immediate focus
is on Y87.73-88.23 where the 21 & 55-DMAs are located. Bulls still 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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