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AUSSIE-YEN TECHS: Pressure On Key DMAs *RES 4:.......>

AUSSIE-YEN TECHS, AUSTRALIA VIEW
AUSSIE-YEN TECHS: Pressure On Key DMAs
*RES 4: Y88.83 - High Jan 9 
*RES 3: Y88.27 - Hourly resistance Jan 9 
*RES 2: Y87.91 - Hourly resistance Jan 10a 
*RES 1: Y87.69 - Hourly resistance Jan 10
*PRICE: Y87.25 @ 2030GMT
*SUP 1: Y87.20 - 100-DMA
*SUP 2: Y87.52 - High Dec 22 now support
*SUP 3: Y86.54 - 55-DMA
*SUP 4: Y86.05 - 200-DMA
*COMMENTARY: The pair remains heavy with losses defining the week so far an
immediate focus now on Y85.94-87.21 where key DMAs are situated. Bears now need
a close below Y85.94 to shift immediate focus to Y84.33 and overall focus to
2017 lows (Y81.47). Bulls now need a close above Y87.91 to gain breathing room
and above Y88.27 to return focus to Y89.06-90.30. Correcting O/B studies
continue to weigh.

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