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AUSSIE-YEN TECHS: Support Emerges On Approach To.....>

AUSSIE-YEN TECHS, AUSTRALIA VIEW
AUSSIE-YEN TECHS: Support Emerges On Approach To 2018 Low
*RES 4: Y83.37 - Hourly resistance June 14 
*RES 3: Y82.97 - Hourly support June 14 now resistance 
*RES 2: Y82.49 - Hourly resistance June 15 
*RES 1: Y81.89 - Low June 18 now resistance
*PRICE: Y81.21 @ 2130GMT
*SUP 1: Y81.00 - Hourly support June 19
*SUP 2: Y80.63 - Low June 19
*SUP 3: Y80.51 - 2018 Low Mar 23
*SUP 4: Y80.24 - Low Nov 11 2016
*COMMENTARY: Pressure returning to the 55-DMA (Y82.75) resulted in a close below
Thursday, ending bullish hopes and shifting focus back to 2018 lows. Daily
studies approaching O/S is an issue as is the Bollinger base (Y81.13) limiting
follow through. Bulls need a close above Y81.89 to gain breathing room and above
Y82.97 to shift focus back to layers of resistance Y83.63-85.19 where the
200-DMA is noted.

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