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Pressure Remains On 55-DMA *RES....>

DOLLAR-MYR TECHS
DOLLAR-MYR TECHS: Pressure Remains On 55-DMA
*RES 4: Myr4.2680 - High Sept 5 
*RES 3: Myr4.2610 - 100-DMA 
*RES 2: Myr4.2550 - High Sept 28 
*RES 1: Myr4.2427 - 55-DMA
*PRICE: Myr4.2365 @ 2300GMT
*SUP 1: Myr4.2120 - Low Oct 23 
*SUP 2: Myr4.2062 - Low Oct 16 
*SUP 3: Myr4.1940 - Low Oct 13 
*SUP 4: Myr4.1870 - Low Sept 20
*COMMENTARY: Rallies remain capped ahead of the 55-DMA with the Myr4.2550-2680
resistance region above also a concern. Overall bulls need a close above
Myr4.2680 to confirm breaks of 55 & 100-DMAs, ending bearish hopes and shifting
immediate focus to Myr4.3112 Aug highs. Initial support is noted at Myr4.2120
with bears needing a close below to shift focus back to Myr4.1800-1940.

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