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Hesitating Around 21-DMA *RES 4:...>

DOLLAR-MYR TECHS
DOLLAR-MYR TECHS: Hesitating Around 21-DMA
*RES 4: Myr4.2575 - Low Aug 29 now resistance 
*RES 3: Myr4.2485 - High Sept 6 
*RES 2: Myr4.2380 - Low Sept 6 now resistance 
*RES 1: Myr4.2258 - High Sept 27
*PRICE: Myr4.2205 @ 2300GMT
*SUP 1: Myr4.2130 - High Sept 26 now support 
*SUP 2: Myr4.1870 - Low Sept 20 
*SUP 3: Myr4.1810 - 2017 Low Sept 8 
*SUP 4: Myr4.1700 - Low Oct 27
*COMMENTARY: The failure to break below Myr4.1800 has resulted in a correction
higher with the pair now flirting with the 21-DMA. Bulls now look for a close
above Myr4.2258 to confirm a break of the 21-DMA and above Myr4.2380 to shift
focus back to Myr4.2575-2680 where the 55-DMA and daily bear channel to are
situated. Bears now need a close back below Myr4.2130 to ease pressure on the
21-DMA and retain focus on 2017 lows.

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