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AUSSIE-YEN TECHS: Pressure Back on 21 & 55-DMAs......>

AUSSIE-YEN TECHS, AUSTRALIA VIEW
AUSSIE-YEN TECHS: Pressure Back on 21 & 55-DMAs
*RES 4: Y88.02 - High Aug 7 
*RES 3: Y87.82 - Bollinger band top 
*RES 2: Y87.63 - Hourly support Sept 1 now resistance 
*RES 1: Y87.30 - Hourly resistance Sept 4
*PRICE: Y87.10 @ 2100GMT
*SUP 1: Y86.91 - 55-DMA
*SUP 2: Y86.79 - 21-DMA
*SUP 3: Y86.67 - Hourly support Aug 29a
*SUP 4: Y86.12 - Hourly support Aug 29b
*COMMENTARY: The recovery from last week's low has stalled ahead of the key
Y88.02 resistance with pressure back on 21 & 55-DMAs. The Y86.67 support is key
today with bears needing a close below to confirm an easing of bullish pressure
and see focus back to Y85.24-56 where 100 & 200-DMAs are situated. Bulls still
need a close above Y88.02 to end bearish hopes and shift focus to Y88.81-89.42
where 2017 highs are noted.

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