Forex - Chart USD/MYR Update: A touch softer on opening but risk stays on the upside


Published at 00:47 (GMT) 12 Mar

  

Chart USD/MYR Update: A touch softer on opening but risk stays on the upside (UTTC8001)

12 Mar USD / MYR Daily

00::31 GMT - A touch softer on opening with prices retreating from yesterday's high of 3.7190 and current setback need to sustain above the 3.6813 support to keep upside momentum in play with lift above 3.7190 to expose 3.7220 then stronger barrier at 3.7370. [W.T]
R5: 3.7410 23 Jan 2006 low
R4: 3.7370 ** 6 Mar 2009 high
R3: 3.7220 10 Mar 2009 high
R2: 3.7190 11 Mar 2015 high
R1: 3.7060 intraday level

S1: 3.6880 intraday level
S2: 3.6813 10 Mar low
S3: 3.6770 intraday level
S4: 3.6630 6 Mar high, break
S5: 3.6518 9 Mar low

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