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Focus Back on 2016 Low *RES 4:.....>

DOLLAR-MYR TECHS
DOLLAR-MYR TECHS: Focus Back on 2016 Low
*RES 4: Myr3.9250 - High Mar 16 
*RES 3: Myr3.9000 - Low Mar 22 now resistance 
*RES 2: Myr3.8900 - High Mar 27 
*RES 1: Myr3.8730 - High Mar 28
*PRICE: Myr3.8620 @ 2300GMT
*SUP 1: Myr3.8550 - 2018 Low Mar 28 
*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 2015
*COMMENTARY: Failure to capitalise on the marginal close above the 55-DMA
(Myr3.9124) has resulted in fresh 2018 & 2yr lows with immediate bearish focus
on 2016 lows. Bears need a close below 2016 lows to then target Myr3.7794-8180.
Daily studies are well placed for losses. Bulls now need a close above Myr3.9000
to ease bearish pressure and above Myr3.9420 to shift focus back to the 100-DMA
(Myr3.9914).

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