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AUSSIE-YEN TECHS: Y87.55-88.02 Resistance Region.....>

AUSSIE-YEN TECHS, AUSTRALIA VIEW
AUSSIE-YEN TECHS: Y87.55-88.02 Resistance Region Key
*RES 4: Y88.02 - High Aug 7 
*RES 3: Y87.56 - High Aug 17 
*RES 2: Y87.04 - High Aug 18 
*RES 1: Y87.00 - 21-DMA
*PRICE: Y86.56 @ 2100GMT
*SUP 1: Y85.91 - Low Aug 24
*SUP 2: Y85.49 - Bollinger band base
*SUP 3: Y85.42 - Low July 5
*SUP 4: Y85.25 - 200-DMA
*COMMENTARY: The 21-DMA continues to cap with bulls needing a close above Y87.56
to confirm a break of the 21-DMA, easing bearish pressure, and above Y88.02 to
end bearish hopes and shift focus to Y88.81-89.42 where 2017 highs are located.
While Y87.56 caps bears remain focused on the Y84.92-85.42 support region where
100 (Y84.95) & 200-DMAs are located with a close below the 100-DMA to initially
target Y83.72 June 22 lows.

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