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Bears Focused On Myr4.0900 *RES....>

DOLLAR-MYR TECHS
DOLLAR-MYR TECHS: Bears Focused On Myr4.0900
*RES 4: Myr4.2194 - 55-DMA 
*RES 3: Myr4.2050 - Low Nov 9 now resistance 
*RES 2: Myr4.2020 - High Nov 10 
*RES 1: Myr4.1730 - Lows Nov 10 & 15
*PRICE: Myr4.1623 @ 2300GMT
*SUP 1: Myr4.1550 - 2017 Low Nov 17 
*SUP 2: Myr4.1400 - Low Oct 11 2016 
*SUP 3: Myr4.1070 - Low Sept 29 2016 
*SUP 4: Myr4.0900 - Low Sept 13 2016
*COMMENTARY: The 100-DMA capped rallies in recent weeks resulting in a sell-off
to fresh 2017 and 13mth lows with bears now focused on the Myr4.0900 support.
O/S daily studies and the Bollinger base (Myr4.1714) remain key concerns for
bears. Bulls now need a close above Myr4.1730 to ease immediate bearish pressure
and above Myr4.2050 to shift immediate focus back to the 55-DMA.

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