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Remains Capped Ahead Of 200-WMA....>

DOLLAR-MYR TECHS
DOLLAR-MYR TECHS: Remains Capped Ahead Of 200-WMA
*RES 4: Myr3.9850 - High Jan 12 
*RES 3: Myr3.9689 - High Jan 18 
*RES 2: Myr3.9586 - 200-WMA 
*RES 1: Myr3.9420 - High Jan 22
*PRICE: Myr3.9010 @ 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: The 200-WMA has capped since the close below in Jan. Bulls look for
a close above the 200-WMA to ease bearish pressure and above Myr3.9850 to
confirm a break of the 55-DMA (Myr3.9709) and shift initial focus to
Myr4.0260-0450. While the 200-WMA caps bears initially focus on the 2018 low
with a close below to target Myr3.8180 last seen in July 2015.

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