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Capped Ahead Of 55-DMA Last Week...>

DOLLAR-MYR TECHS
DOLLAR-MYR TECHS: Capped Ahead Of 55-DMA Last Week
*RES 4: Myr4.2734 - 100-DMA 
*RES 3: Myr4.2608 - Daily Bear channel top 
*RES 2: Myr4.2589 - 55-DMA 
*RES 1: Myr4.2550 - High Sept 28
*PRICE: Myr4.2232 @ 2300GMT
*SUP 1: Myr4.1870 - Low Sept 20 
*SUP 2: Myr4.1810 - 2017 Low Sept 8 
*SUP 3: Myr4.1700 - Low Oct 27 
*SUP 4: Myr4.1586 - Bollinger band base
*COMMENTARY: The Myr4.1800-70 support region continues to confirm significance
with the pair bouncing aggressively from a dip back to this region Thursday. The
pair remained capped ahead of the Myr4.2589-2734 resistance region with bulls
needing a close above the 100-DMA to end bearish hopes and shift focus to
Myr4.3112. Bears need a close below Myr4.1800 to reconfirm the bearish bias and
target the channel base (Myr4.1277).

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