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AUSSIE-YEN TECHS: Layers Of Resistance Y86.19-87.19 Key
*RES 4: Y86.92 - Daily Bear channel top 
*RES 3: Y86.75 - 55-DMA 
*RES 2: Y86.58 - High Nov 15 
*RES 1: Y86.19 - High Dec 5
*PRICE: Y85.90 @ 2030GMT
*SUP 1: Y85.52 - Hourly resistance Dec 12 now support
*SUP 2: Y85.05 - Hourly resistance Dec 8 now support
*SUP 3: Y84.65 - Low Nov 30
*SUP 4: Y84.33 - Monthly Low Nov 27
*COMMENTARY: The bounce Monday is less than ideal for bears given the lack of
follow through and bounce from last week's low. Bulls need a close above Y86.19
to confirm a break of the 200-DMA, easing bearish pressure and above the 100-DMA
(Y87.13) to shift focus to Y87.67-89.06. The Y85.05-52 support region is now key
with bears needing a close below Y85.05 to reconfirm focus on Y83.49-84.33 where
the bear channel base (Y83.49) is noted.
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