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AUSSIE-YEN TECHS: Y85.98-87.50 Resistance Region.....>

AUSSIE-YEN TECHS: Y85.98-87.50 Resistance Region Key
*RES 4: Y86.56 - 200-DMA 
*RES 3: Y86.11 - Hourly resistance Feb 7 
*RES 2: Y85.59 - High Feb 13 
*RES 1: Y84.81 - Hourly resistance Feb 13
*PRICE: Y84.63 @ 2030GMT
*SUP 1: Y84.25 - Low Feb13
*SUP 2: Y84.01 - 2018 Low Feb 9
*SUP 3: Y83.72 - Low June 22
*SUP 4: Y83.61 - 100-WMA
*COMMENTARY: Losses defined last week with immediate bearish focus now on the
100-WMA. Bears need a close below the 100-WMA to shift overall focus to tests of
the Y81.49 2017 low. O/S daily studies looking to correct remain the key concern
for bears. Bulls still need a close above Y85.98 to ease bearish pressure and
above Y87.50 to confirm breaks of DMAs & shift focus back to Y88.50-89.09 where
the bear channel top is situated.

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