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Bulls Focused On...................>

DOLLAR-MYR TECHS
DOLLAR-MYR TECHS: Bulls Focused On Myr3.9250-3.9420
*RES 4: Myr3.9420 - High Jan 22 
*RES 3: Myr3.9414 - 100-DMA
*RES 2: Myr3.9394 - 21-WMA 
*RES 1: Myr3.9250 - High Mar 16
*PRICE: Myr3.9100 @ 2300GMT
*SUP 1: Myr3.8972 - 55-DMA 
*SUP 2: Myr3.8890 - Low Apr 20 
*SUP 3: Myr3.8778 - 21-DMA 
*SUP 4: Myr3.8700 - Low Apr 12
*COMMENTARY: Bulls take comfort closes above the 55-DMA that sees bulls focused
on Myr3.9250-9430 where the 21-WMA & 100-DMA are located. Bulls need a close
above Myr3.9420 to shift initial focus to the 200-WMA (Myr3.9856). Bears now
need a close below Myr3.8890 to ease bullish pressure and below Myr3.8700 to
confirm a break of the 21-DMA and to return immediate pressure to 2018 lows.

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