Intraday Analysis from FXMarketAlerts.com
Receive FREE Weekly Strategies.Published at 00:04 (GMT) 12 Apr
12 Apr USD / MYR Daily
23:52 GMT - Returned from the holiday on a firmer tone with prices inching towards the 3.0780 congestion high and break will signal room for further strengthening towards stronger barrier at 3.0900. On the downside, slippage below 3.0570 support will expose a deeper setback towards 3.0400. [W.T]
R5: 3.1105 20 Jan high
R4: 3.1000 figure
R3: 3.0949 * 50% of 3.1983-2.9915 drop
R2: 3.0900 * 23 Mar high
R1: 3.0780 * 29 Mar congestion high
S1: 3.0570 5 Apr low
S2: 3.0500 4 Apr low
S3: 3.0400 * 3 Apr low/Mar's high
S4: 3.0250 14 Mar low
S5: 3.0175 13 Mar low






