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Bulls Need Close Above Myr3.9850...>

DOLLAR-MYR TECHS
DOLLAR-MYR TECHS: Bulls Need Close Above Myr3.9850
*RES 4: Myr4.0450 - High Jan 2 
*RES 3: Myr4.0260 - High Jan 3 
*RES 2: Myr4.0050 - High Jan 11 
*RES 1: Myr3.9850 - High Jan 12
*PRICE: Myr3.9510 @ 2300GMT
*SUP 1: Myr3.9450 - 2018 Low Jan 17 
*SUP 2: Myr3.9411 - 200-WMA 
*SUP 3: Myr3.9314 - Monthly Low July 14 2016 
*SUP 4: Myr3.9199 - Daily Bear channel base
*COMMENTARY: Fresh 2018 & 3+yr lows lacked a little follow through Wednesday
which his less than ideal given daily momentum divergence and daily studies
looking to correct from O/S. In saying that, bulls need a close above Myr3.9850
to ease bearish pressure and above Myr4.0626 to shift focus to Myr4.1014-1423.
While Myr3.9850 caps bears remain focused on a close below the 200-WMA needed to
add weight to their case.

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