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AUSSIE-YEN TECHS: Y86.54 & Y88.37 Levels Now Key.....>

AUSSIE-YEN TECHS, AUSTRALIA VIEW
AUSSIE-YEN TECHS: Y86.54 & Y88.37 Levels Now Key
*RES 4: Y88.37 - Low Oct 19 now resistance 
*RES 3: Y88.31 - Daily Bear Channel Top 
*RES 2: Y88.09 - High Nov 2 
*RES 1: Y87.72 - Alternating hourly support/resistance
*PRICE: Y87.37 @ 2030GMT
*SUP 1: Y86.93 - Low Nov 1
*SUP 2: Y86.54 - Low Sept 26
*SUP 3: Y86.00 - 200-DMA
*SUP 4: Y85.96 - Daily Bear Channel Base
*COMMENTARY: The recovery from last week's low faltered Friday, failing to
trouble the bear channel and looking heavy closing back below the 100-DMA
(Y87.49). Focus has returned to the Y85.45-86.54 support region where the
200-DMA and channel base are noted. Bulls now look for a close above Y88.37 to
shift initial focus to Y89.06 and overall focus to 2017 highs. Modestly O/S
studies are the key concern for bears.

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