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100-DMA Still Capping *RES 4:......>

DOLLAR-MYR TECHS
DOLLAR-MYR TECHS: 100-DMA Still Capping
*RES 4: Myr4.2860 - High Aug 30 
*RES 3: Myr4.2680 - High Sept 5 
*RES 2: Myr4.2599 - 100-DMA 
*RES 1: Myr4.2558 - High Oct 26
*PRICE: Myr4.2320 @ 2300GMT
*SUP 1: Myr4.2281 - 21-DMA 
*SUP 2: Myr4.2120 - Low Oct 23 
*SUP 3: Myr4.2062 - Low Oct 16 
*SUP 4: Myr4.1940 - Low Oct 13
*COMMENTARY: Having recently found support around the 21-DMA, pressure returning
to the 55-DMA resulted in a break higher only to be rejected around the 100-DMA.
Bears look for a close below the 21-DMA to gain breathing room and below
Myr4.2120 to shift focus back to Myr4.1800-1940. Overall bulls need a close
above Myr4.2680 to confirm breaks of 55 & 100-DMAs, ending bearish hopes and
shifting immediate focus to Myr4.3112 Aug highs.

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