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AUSSIE-YEN TECHS: Y88.17 Support Remains Key *RES....>

AUSSIE-YEN TECHS, AUSTRALIA VIEW
AUSSIE-YEN TECHS: Y88.17 Support Remains Key
*RES 4: Y89.68 - Bollinger band top 
*RES 3: Y89.47 - Low Dec 7 2015 now resistance 
*RES 2: Y89.41 - 2017 High July 27 
*RES 1: Y88.81 - High July 28
*PRICE: Y88.67 @ 2100GMT
*SUP 1: Y88.17 - Low July 26
*SUP 2: Y87.59 - 21-DMA
*SUP 3: Y87.45 - Hourly support July 13
*SUP 4: Y87.24 - High Mar 20 now support
*COMMENTARY: Fresh 2017 and 17mth highs lacked follow through Thursday which is
less than ideal for bulls given daily studies correcting from O/B. The Y88.17
support remains key with bears needing a close below to shift focus back to
Y87.45-59 where the 21-DMA is located. Below Y87.48 is now needed to shift focus
back to Y85.67. Bulls need a close above Y88.81 today to gain breathing room and
retain immediate focus on fresh 2017 highs.

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