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AUSSIE-YEN TECHS: Looking A Little Heavy *RES 4:.....>

AUSSIE-YEN TECHS, AUSTRALIA VIEW
AUSSIE-YEN TECHS: Looking A Little Heavy
*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: Y88.62 @ 2100GMT
*SUP 1: Y88.33 - Hourly resistance Sept 14 now support
*SUP 2: Y87.66 - Low Sept 15, 55-DMA
*SUP 3: Y87.01 - Daily Bull channel base
*SUP 4: Y86.54 - Low Sept 6
*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
(Y89.85) limiting follow through and daily momentum divergence. Bears now look
for a close below Y88.33 to pressure Y87.68-87.05. Layers of resistance are
accumulating with bulls needing a close above Y89.73 to ease renewed bearish
pressure and return focus to Y90.31-91.90.

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