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Bears Focused On Myr4.1400-1405....>

DOLLAR-MYR TECHS
DOLLAR-MYR TECHS: Bears Focused On Myr4.1400-1405
*RES 4: Myr4.2575 - Low Aug 29 now resistance 
*RES 3: Myr4.2485 - High Sept 6 
*RES 2: Myr4.2380 - Low Sept 6 now resistance 
*RES 1: Myr4.2210 - High Sept 7
*PRICE: Myr4.1896 @ 2300GMT
*SUP 1: Myr4.1800 - Low Nov 9 
*SUP 2: Myr4.1700 - Low Oct 27 
*SUP 3: Myr4.1405 - Daily Bear channel base 
*SUP 4: Myr4.1400 - Low Oct 11
*COMMENTARY: The pair is again looking heavy with pressure back on 2017 lows
following the failure to trouble the key Myr4.2210-2.80 resistance region. O/S
daily studies and the Bollinger base (Myr4.1684) remain key concerns for bears
with potential to limit follow through. In saying that, bears now focus on
Myr4.1400-1405 where the daily bear channel base is situated. Bulls need a close
above Myr4.2210 to ease bearish pressure.

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