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DOLLAR-MYR TECHS: Remains Stuck In Well Defined Range
*RES 4: Myr4.3117 - 100-DMA
*RES 3: Myr4.3112 - High Aug 16
*RES 2: Myr4.2995 - Bollinger band top
*RES 1: Myr4.2863 - 21-DMA
*PRICE: Myr4.2828 @ 2300GMT
*SUP 1: Myr4.2731 - Bollinger band base
*SUP 2: Myr4.2700 - Low Aug 11
*SUP 3: Myr4.2664 - Low July 19
*SUP 4: Myr4.2465 - 2017 Low June 20
*COMMENTARY: Broad sideways trading Myr4.2465-3270 continues with focus having
returned to the Myr4.2664-2700 region following the most recent topside failure
and close below the 55-DMA (Myr4.2860). Bears need a close below Myr4.2664 to
return pressure to the Myr4.2465 2017 low. Narrowing Bollinger bands re
suggestive of a breakout in the near future. Bulls need a close above the 21-DMA
to gain breathing room.