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AUSSIE-YEN TECHS: Pressuring Key Y83.65-84.06........>

AUSSIE-YEN TECHS, AUSTRALIA VIEW
AUSSIE-YEN TECHS: Pressuring Key Y83.65-84.06 Resistance Region
*RES 4: Y84.54 - High Mar 13 
*RES 3: Y84.08 - Bollinger band top 
*RES 2: Y84.06 - High Apr 13 
*RES 1: Y83.65 - High Apr 16
*PRICE: Y83.46 @ 2130GMT
*SUP 1: Y82.98 - Hourly resistance Apr 13 now support
*SUP 2: Y82.58 - Highs Apr 6 & 9 now support
*SUP 3: Y81.87 - Low Apr 6
*SUP 4: Y81.26 - Low Apr 4
*COMMENTARY: The aggressive rejection above the 55-DMA (Y83.23) & 100-WMA
(Y83.63) Friday was less than ideal for bulls with daily studies O/B. Bulls now
need a close above Y84.06 to shift initial focus to Y84.89-85.59 where the
100-DMA (Y85.08) is found. The Y82.58 support is key this week with bears
needing a close below to ease bullish pressure and below Y81.87 to confirm a
break of the 21-DMA (Y82.26) and shift focus back to 2018 lows.

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