AUSSIE-YEN TECHS: Rejected Above 21-DMA, 100-DMA.....>

AUSSIE-YEN TECHS: Rejected Above 21-DMA, 100-DMA Support Remains Key

*RES 4: Y90.30 - 2017 High Sept 21 

*RES 3: Y89.67 - High Sept 25 

*RES 2: Y89.09 - High Oct 23 

*RES 1: Y88.50 - High Jan 31

*PRICE: Y87.85 @ 2030GMT

*SUP 1: Y87.45 - Low Jan 30

*SUP 2: Y87.34 - 100-DMA

*SUP 3: Y86.85 - 55-DMA

*SUP 4: Y86.47 - 200-DMA

*COMMENTARY: The pair has remained capped ahead of Y89.09 with follow through

above the 21-DMA (Y88.22) lacking. The 100-DMA remains key support. Bears look

for a close below the 100-DMA to initially focus on Y85.92-86.85 where 55 &

200-DMAs are situated. Bulls continue to look for a close above Y89.09 to

reconfirm a bullish bias and target 2017 highs (Y90.30). Daily studies are at

neural levels and giving few clues.