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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: Y89.67 - High Sept 25 
*RES 3: Y89.09 - High Oct 23 
*RES 2: Y88.83 - High Jan 9 
*RES 1: Y88.27 - Hourly resistance Jan 9
*PRICE: Y88.12 @ 2030GMT
*SUP 1: Y87.52 - High Dec 22 now support
*SUP 2: Y87.20 - 100-DMA
*SUP 3: Y87.52 - High Dec 22 now support
*SUP 4: Y86.55 - 55-DMA
*COMMENTARY: The pair is looking a little heavy following losses the past two
day that sees focus return to the Y86.03-87.52 region where key DMAs are
situated. Overall bears need a close below the 200-DMA (Y86.03) to end bullish
hopes and initially target Y84.33 Nov lows. Correcting O/B studies add weight to
the bearish case. Bulls now need a close above Y88.27 to gain breathing room and
above Y89.06 to target 2017 highs.

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