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Focus Shifts To Myr3.9250-3.9430...>

DOLLAR-MYR TECHS
DOLLAR-MYR TECHS: Focus Shifts To Myr3.9250-3.9430
*RES 4: Myr3.9430 - 100-DMA 
*RES 3: Myr3.9420 - High Jan 22 
*RES 2: Myr3.9394 - 21-WMA 
*RES 1: Myr3.9250 - High Mar 16
*PRICE: Myr3.9030 @ 2300GMT
*SUP 1: Myr3.8890 - Low Apr 20 
*SUP 2: Myr3.8762 - 21-DMA 
*SUP 3: Myr3.8700 - Low Apr 12 
*SUP 4: Myr3.8510 - 2018 Low Apr 2
*COMMENTARY: Bulls take comfort in a close above the 55-DMA (Myr3.8972) that
sees focus shift to Myr3.9250-9430 where the 21-WMA & 100-DMA are located. Bulls
need a close above the 100-DMA to shift initial focus to the 200-WMA
(Myr3.9856). Bears now need a close below Myr3.8890 to ease bullish pressure and
below Myr3.8700 to confirm a break of the 21-DMA and to return immediate
pressure to 2018 lows.

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