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AUSSIE-YEN TECHS: Y87.45 & Y88.81 Levels Key *RES....>

AUSSIE-YEN TECHS, AUSTRALIA VIEW
AUSSIE-YEN TECHS: Y87.45 & Y88.81 Levels Key
*RES 4: Y89.47 - Low Dec 7 2015 now resistance 
*RES 3: Y89.41 - 2017 High July 27 
*RES 2: Y88.81 - High July 28 
*RES 1: Y88.37 - Hourly resistance Aug 1
*PRICE: Y88.21 @ 2100GMT
*SUP 1: Y87.73 - 21-DMA
*SUP 2: Y87.45 - Hourly support July 13
*SUP 3: Y87.24 - High Mar 20 now support
*SUP 4: Y86.81 - Low July 13
*COMMENTARY: Pressure has returned to the 21-DMA and the key Y87.45 support
below after the lack of topside follow through on recent fresh 2017 highs. Bears
continue to look for a close below Y87.45 to confirm a break of the 21-DMA and
shift focus back to Y85.67. Layers of resistance building is a concern for bulls
who need a close above Y88.81 to gain breathing room and return immediate focus
to 2017 highs.

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