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AUSSIE-YEN TECHS: Y85.45-86.58 Resistance Region.....>

AUSSIE-YEN TECHS, AUSTRALIA VIEW
AUSSIE-YEN TECHS: Y85.45-86.58 Resistance Region Key
*RES 4: Y86.58 - High Nov 15 
*RES 3: Y86.12 - Hourly resistance Nov 15 
*RES 2: Y85.91 - 200-DMA 
*RES 1: Y85.45 - Hourly support Nov 17 now resistance
*PRICE: Y85.10 @ 2030GMT
*SUP 1: Y84.98 - Hourly support Nov 30
*SUP 2: Y84.65 - Low Nov 30
*SUP 3: Y84.33 - Low Nov 27
*SUP 4: Y83.71 - Low June 22
*COMMENTARY: O/S daily studies appear to be impacting with the pair finding
support on dips this week and focus shifting to the Y85.45 resistance. The
Y85.45-85.68 resistance region remains key. Bulls need a close above Y85.45 to
ease bearish pressure and above Y86.58 to confirm breaks of 21 & 200-DMAs,
shifting focus to Y87.34-72 where 55 & 100-DMAs are noted. Bears now look for a
close below Y84.65 to retain immediate focus on Y84.33.

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