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Bears Focused On...................>

DOLLAR-MYR TECHS
DOLLAR-MYR TECHS: Bears Focused On Myr4.2380-4.2465
*RES 4: Myr4.3087 - High July 10 
*RES 3: Myr4.3075 - Bollinger band top 
*RES 2: Myr4.2891 - 21-DMA 
*RES 1: Myr4.2874 - 55-DMA
*PRICE: Myr4.2812 @ 2100GMT
*SUP 1: Myr4.2708 - Bollinger band base 
*SUP 2: Myr4.2664 - Low July 19 
*SUP 3: Myr4.2465 - 2017 Low June 20 
*SUP 4: Myr4.2440 - Low Nov 10
*COMMENTARY: Follow through has been lacking on pops above 21 & 55-DMAs in
recent weeks which is a concern for bulls who need a close above Myr4.3087 to
hint at a move that tests 100 (Myr4.3395) & 200 (Myr4.3665) DMAs. Until closes
above 21 & 55-DMAs gain traction bears retain the upper hand and remain focused
on tests of Myr4.2380-4.2465 where 2017 lows are located.

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