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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: Y89.09 - High Oct 23 
*RES 3: Y88.83 - High Jan 9 
*RES 2: Y88.27 - Hourly resistance Jan 9 
*RES 1: Y88.09 - High Jan 11
*PRICE: Y87.66 @ 2030GMT
*SUP 1: Y87.47 - Hourly resistance Jan 11 now support
*SUP 2: Y87.22 - 100-DMA
*SUP 3: Y86.54 - 55-DMA
*SUP 4: Y86.07 - 200-DMA
*COMMENTARY: The pair remains heavy with losses defining the week so far and
immediate focus on Y85.92-87.22 where key DMAs are situated. Bears now need a
close below Y85.92 to shift immediate focus to Y84.33 and overall focus to 2017
lows (Y81.47). Bulls continue to look for a close above Y88.27 to return focus
to Y89.06-90.30. Correcting daily studies continue to weigh with a close below
the 100-DMA to add weight to the bearish case.

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