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Topside Follow Through Lacking.....>

DOLLAR-MYR TECHS
DOLLAR-MYR TECHS: Topside Follow Through Lacking
*RES 4: Myr4.0589 - 200-DMA 
*RES 3: Myr4.0450 - Monthly Low Dec 5 now resistance 
*RES 2: Myr4.0260 - High Jan 3 
*RES 1: Myr3.9971 - 200-WMA
*PRICE: Myr3.9480 @ 2300GMT
*SUP 1: Myr3.9250 - High Mar 16 now support 
*SUP 2: Myr3.9197 - 21-DMA 
*SUP 3: Myr3.9027 - 55-DMA 
*SUP 4: Myr3.8890 - Low Apr 20
*COMMENTARY: An aggressive spike to start the new week lacked topside traction
and was rejected ahead of the 200-WMA. O/B daily studies remain a key concern
for bulls. In saying that, bears now need a close below the 21-DMA to ease
bullish pressure and below Myr3.8890 to shift focus back to 2018 lows. Bulls now
look for a close above the 200-WMA to confirm focus on the 200-DMA (Myr4.0589).

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