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200-WMA Resistance Key *RES 4:.....>

DOLLAR-MYR TECHS
DOLLAR-MYR TECHS: 200-WMA Resistance Key
*RES 4: Myr4.0450 - Monthly Low Dec 5 now resistance 
*RES 3: Myr4.0260 - High Jan 3 
*RES 2: Myr3.9971 - 200-WMA 
*RES 1: Myr3.9850 - High May 14
*PRICE: Myr3.9670 @ 2300GMT
*SUP 1: Myr3.9400 - Low May 14 
*SUP 2: Myr3.9250 - High Mar 16 now support 
*SUP 3: Myr3.9192 - 100-DMA 
*SUP 4: Myr3.9053 - 55-DMA
*COMMENTARY: An aggressive spike to start the new week lacked topside traction
and was rejected ahead of the 200-WMA. O/B daily studies remain a key concern
for bulls. In saying that, bears now need a close below the 100-DMA to ease
bullish pressure and below Myr3.8890 to shift focus back to 2018 lows. Bulls now
look for a close above the 200-WMA to confirm focus on the 200-DMA (Myr4.0541).

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