Forex - Chart USD/MYR Update: Upmove gaining momentum


Published at 01:24 (GMT) 16 Sep


Chart USD/MYR Update: Upmove gaining momentum (HSPC7501)

16 Sep USD / MYR Daily

00::46 GMT - Sharp rally last session with a strong closing above 3.2210 resistance setting the broader upmove from 3.1415 low on firmer footing and poised for extension to next hurdle at 3.2413. Intraday trade expected to be on biddish tone. [W.T]
R5: 3.2552 1 May low
R4: 3.2537 * 8 May high
R3: 3.2421 * 200-day MA line
R2: 3.2413 * 4 Jun high
R1: 3.2327 15 Sep high

S1: 3.2215 intraday level
S2: 3.2062 * 10 Sep high, break
S3: 3.1970 15 Sep low
S4: 3.1930 12 Sep low
S5: 3.1897 10 Sep low

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