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AUSSIE-YEN TECHS: Y88.74-90 Resistance Key This......>

AUSSIE-YEN TECHS: Y88.74-90 Resistance Key This Week
*RES 4: Y89.67 - High Sept 25 
*RES 3: Y88.90 - High Sept 27 
*RES 2: Y88.74 - High Oct 5 
*RES 1: Y88.34 - 21-DMA
*PRICE: Y88.03 @ 2000GMT
*SUP 1: Y87.63 - Low Oct 13, 55-DMA
*SUP 2: Y87.23 - Low Oct 10
*SUP 3: Y87.00 - Bollinger band base
*SUP 4: Y86.71 - 100-DMA
*COMMENTARY: The break of the daily bull channel base and closes below the
55-DMA failed to break the Y87.23 support last week resulting in pressure
returning to the 21-DMA. Bulls continue to look for a close above Y88.90 to
confirm a break of the 21-DMA and to shift overall focus back to tests of 2017
highs. Bears need a close below the 55-DMA to ease bullish pressure and below
Y87.23 to shift initial focus to the 100-DMA (Y86.76).

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