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Rallies Capped Ahead Of 100-DMA....>

DOLLAR-MYR TECHS
DOLLAR-MYR TECHS: Rallies Capped Ahead Of 100-DMA
*RES 4: Myr4.2860 - High Aug 30 
*RES 3: Myr4.2680 - High Sept 5 
*RES 2: Myr4.2563 - 100-DMA 
*RES 1: Myr4.2558 - High Oct 26
*PRICE: Myr4.2270 @ 2300GMT
*SUP 1: Myr4.2080 - Low Nov 9 
*SUP 2: Myr4.2062 - Low Oct 16 
*SUP 3: Myr4.1940 - Low Oct 13 
*SUP 4: Myr4.1870 - Low Sept 20
*COMMENTARY: The 100-DMA capped rallies in recent weeks with bulls needing a
close above Myr4.2680 to confirm a break and hint at a move back to
Myr4.3112-3282 where the 200-DMA is noted. Bulls look for a close above My4.2860
to add support to their case. Bears now look for a close below Myr4.2080 to
shift focus back to Myr4.1800-1940 following the lack of downside follow through
in recent weeks.

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