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Focus Back on 2018 Low *RES 4:.....>

DOLLAR-MYR TECHS
DOLLAR-MYR TECHS: Focus Back on 2018 Low
*RES 4: Myr3.9723 - 200-WMA 
*RES 3: Myr3.9420 - High Jan 22 
*RES 2: Myr3.9250 - High Mar 16 
*RES 1: Myr3.9000 - Low Mar 22 now resistance
*PRICE: Myr3.8940 @ 2300GMT
*SUP 1: Myr3.8800 - Low Feb 2 
*SUP 2: Myr3.8630 - 2018 Low Jan 29 
*SUP 3: Myr3.8470 - 2016 Low Apr 13 
*SUP 4: Myr3.8180 - High July 30 2015 now support
*COMMENTARY: Bulls failed to capitalise on the marginal close above the 55-DMA
(Myr3.9174) with the Bollinger top (Myr3.9253) limiting follow through. In
saying that, narrowing Bollinger bands hint at a breakout in the near future.
Bulls now look for a close above Myr3.9420 to hint at a move back to Myr3.9830
and above the 200-WMA to confirm. The close below Myr3.9000 leaves the pair
looking heavy and initial focus on Myr3.8630-8880 where 2018 lows are found.

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