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55-DMA Resistance Capping,.........>

DOLLAR-MYR TECHS
DOLLAR-MYR TECHS: 55-DMA Resistance Capping, Remains Key
*RES 4: Myr4.3112 - High Aug 16 
*RES 3: Myr4.3036 - 100-DMA 
*RES 2: Myr4.3025 - Bollinger band top 
*RES 1: Myr4.2868 - 55-DMA
*PRICE: Myr4.2803 @ 2300GMT
*SUP 1: Myr4.2575 - Low Aug 29 
*SUP 2: Myr4.2465 - 2017 Low June 20 
*SUP 3: Myr4.2440 - Low Nov 10 
*SUP 4: Myr4.2380 - High Nov 9 now support
*COMMENTARY: Broad sideways trading Myr4.2465-3270 continues with focus having
returned to the Myr4.2440-65 region where 2017 lows are located following the
most recent topside failure and closes below the 55-DMA. Bulls continue to look
for a close above the 55-DMA to ease bearish pressure and shift focus back to
Myr4.3025-3112 where the 100-DMA and Aug highs are situated.

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