Published: 2026-11-13T03:06:47.000Z
Chart USD/MYR Update: Extending gains
1
Test of the 4.0780 resistance has given way to break to extend gains from the 4.0420 low
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 4.0985 | ** | Sep high | S1 | 4.0650/600 | * | congestion | |
| R3 | 4.0950 | ** | Jul, Aug highs | S2 | 4.0420 | ** | 6 Nov low | |
| R2 | 4.0915 | * | 8 Oct high | S3 | 4.0200 | ** | Sep low | |
| R1 | 4.0885 | * | 27 Oct high | S4 | 3.9800 | ** | May high |
Asterisk denotes strength of level
03:00 GMT - Test of the 4.0780 resistance has given way to break to extend gains from the 4.0420 low. Higher will see room to resistance at the 4.0885 and 4.0915, October highs. Beyond these will return focus to strong resistance at the 4.0950/4.0985, July/September highs. Clearance here, if seen, will further extend the gains from the September swing low to retrace losses from the 4.1545, June current year high. Meanwhile, support remains at the 4.0650/4.0600 area. Would take break here to return focus to the downside for retest of the 4.0450/4.0420 support.