Forex - Chart USD/MYR Update: Up to tag 3.2700 level, but stretched


Published at 03:39 (GMT) 23 Apr


Chart USD/MYR Update: Up to tag 3.2700 level, but stretched (PVBC7001)

23 Apr USD / MYR Daily
Edged to fresh high to tag the 3.2700 level but stretched near-term tools now slowing upside momentum. Clearance here, but difficult for now, will see further corrective upmove to target 3.2795. Support at 3.2587 and the 3.2500 level now seen protecting the downside. [P.L]

R5:: 3.3006 * 27 Mar high R4: 3.29 * 27 Mar low, gap
R3: 3.2867 * 4 Apr high, trendline
R2: 3.2795 7 Apr high
R1: 3.27 figure

S1: 3.2587 15 Apr high, break
S2: 3.25 figure
S3: 3.2328 * 17 Apr low
S4: 3.22 figure
S5: 3.215 * 10 Apr low

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