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Bulls Need Close Above Myr3.9420...>

DOLLAR-MYR TECHS
DOLLAR-MYR TECHS: Bulls Need Close Above Myr3.9420
*RES 4: Myr3.9420 - High Jan 22 
*RES 3: Myr3.9349 - 100-DMA 
*RES 2: Myr3.9327 - 21-WMA 
*RES 1: Myr3.9250 - High Mar 16
*PRICE: Myr3.9330 @ 2300GMT
*SUP 1: Myr3.9250 - High Mar 16 now support 
*SUP 2: Myr3.8964 - 55-DMA 
*SUP 3: Myr3.8917 - 21-DMA 
*SUP 4: Myr3.8890 - Low Apr 20
*COMMENTARY: The recovery from 2018 lows sees the pair flirting with the 100-DMA
& 21-WMA with the Myr3.9420 resistance key. Bulls now look for a close above
this level to shift initial focus to Myr3.9830-4026 where the 200-WMA is
located. Initial support is now noted at Myr3.9250 with bears now needing a
close below to ease pressure on key resistance layers and below the 21-DMA to
shift focus back to 2018 lows.

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