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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: Y87.85 @ 2030GMT
*SUP 1: Y87.23 - 100-DMA
*SUP 2: Y86.57 - 55-DMA
*SUP 3: Y86.09 - 200-DMA
*SUP 4: Y85.92 - Low Dec 14
*COMMENTARY: Losses defined last week with immediate focus on Y85.92-87.23 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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