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Closes Below 200-WMA *RES 4:.......>

DOLLAR-MYR TECHS
DOLLAR-MYR TECHS: Closes Below 200-WMA
*RES 4: Myr4.0152 - 21-DMA 
*RES 3: Myr4.0050 - High Jan 11 
*RES 2: Myr3.9850 - High Jan 12 
*RES 1: Myr3.9450 - Low Jan 17 & 18 now resistance
*PRICE: Myr3.9350 @ 2300GMT
*SUP 1: Myr3.9314 - Monthly Low July 14 2016 
*SUP 2: Myr3.9118 - Daily Bear channel base 
*SUP 3: Myr3.8800 - Low Apr 29 2016 
*SUP 4: Myr3.8470 - 2016 Low Apr 13
*COMMENTARY: Pressure remains on recent 2018 & 3+yr lows with bears currently
focused on a close below the 200-WMA to pressure the bear channel base. A weekly
close below the 200-WMA was last seen in June 2013. Bulls need a close above
Myr3.9850 to ease bearish pressure and above Myr4.0626 to shift focus to
Myr4.1014-1423.

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