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Bearish Focus Shifts To............>

DOLLAR-MYR TECHS
DOLLAR-MYR TECHS: Bearish Focus Shifts To Myr4.1400-1800
*RES 4: Myr4.2575 - Low Aug 29 now resistance 
*RES 3: Myr4.2485 - High Sept 6 
*RES 2: Myr4.2388 - Low Sept 6 now resistance 
*RES 1: Myr4.2210 - High Sept 7
*PRICE: Myr4.2095 @ 2300GMT
*SUP 1: Myr4.2095 - 2017 Low Sept 7 
*SUP 2: Myr4.1800 - Low Nov 9 
*SUP 3: Myr4.1700 - Low Oct 27 
*SUP 4: Myr4.1511 - Daily Bear channel base
*COMMENTARY: The end of sideways trading has seen repeated fresh 2017 and 10mth
lows as bears now shift focus to Myr4.1400-1800 where the bear channel base is
located. O/S daily studies and the Bollinger base indicate the move may be a
little overdone at current levels. In saying that, bulls now need a close above
Myr4.2388 to ease bearish pressure and above Myr4.2575 to shift focus back to
DMAs Myr4.2775-2956.

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