Bulls Need Close Above Myr3.9215...>

DOLLAR-MYR TECHS: Bulls Need Close Above Myr3.9215

*RES 4: Myr3.9689 - High Jan 18 

*RES 3: Myr3.9574 - 21-DMA 

*RES 2: Myr3.9491 - High Jan 22 

*RES 1: Myr3.9215 - Low Jan 22 now resistance

*PRICE: Myr3.8995 @ 2300GMT

*SUP 1: Myr3.8670 - 2018 Low Jan 29 

*SUP 2: Myr3.8470 - 2016 Low Apr 13 

*SUP 3: Myr3.8180 - High July 30 2015 now support 

*SUP 4: Myr3.7795 - Low July 10

*COMMENTARY: Fresh 2018 & 2yr lows lacked follow through which is a concern for

bears given daily studies correcting from O/S. Bulls continue to look for a

close above Myr3.9215 to ease bearish pressure and above Myr3.9689 to confirm a

break of the 21-DMA and hint at a move to Myr4.0450-0626 where the 55-DMA is

noted with above Myr4.0200 to confirm. Bears remain focused on 2016 lows while

Myr3.9215 caps.