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

DOLLAR-MYR TECHS
DOLLAR-MYR TECHS: Bears Focused On Myr4.0900
*RES 4: Myr4.2170 - 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: Myr4.1490 @ 2300GMT
*SUP 1: Myr4.1130 - 2017 Low Nov 21 
*SUP 2: Myr4.1070 - Low Sept 29 2016 
*SUP 3: Myr4.0900 - Low Sept 13 2016 
*SUP 4: Myr4.0370 - Monthly Low Sept 8 2016
*COMMENTARY: The 100-DMA capped rallies in recent weeks resulting in a sell-off
to fresh 2017 and 13mth lows with bears currently focused on the Myr4.0900
support. O/S daily studies and the Bollinger base (Myr4.1478) remain key
concerns for bears. Bulls still 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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