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AUSSIE-YEN TECHS: Initial Focus Back On 2018 Low.....>

AUSSIE-YEN TECHS, AUSTRALIA VIEW
AUSSIE-YEN TECHS: Initial Focus Back On 2018 Low
*RES 4: Y83.97 - Hourly support Mar 14 now resistance 
*RES 3: Y83.22 - Hourly support Mar 15 now resistance 
*RES 2: Y82.70 - Low Mar 15 now resistance 
*RES 1: Y82.29 - Hourly support Mar 16 now resistance
*PRICE: Y81.76 @ 2030GMT
*SUP 1: Y81.47 - 2017 Low May 19, 2018 Low Mar 5
*SUP 2: Y80.24 - Low Nov 11 2016
*SUP 3: Y76.78 - Monthly Low Nov 9 2016
*SUP 4: Y75.95 - Monthly Low Sept 15 2016
*COMMENTARY: The lack of topside follow through last week took its toll with a
sharp sell-off that sees immediate focus back on tests of the 2018 low and
double daily bottom at Y81.47. Daily studies are well placed for a fresh leg
lower. Bears look for a close below Y81.47 to shift focus to Y75.95-76.78 where
Sept & Nov 2016 monthly lows are located. Bulls now need a close above Y82.70 to
gain breathing room.

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