Published: 2026-09-01T03:06:05.000Z
Chart USD/MYR Update: Consolidating at 4.0200 support
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Little change, as prices holds steady above 4.0200 support to consolidate losses from the 4.0950, July high
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 4.0800 | congestion | S1 | 4.0200 | * | congestion | ||
| R3 | 4.0750 | * | 30 Jul low | S2 | 4.0000 | ** | figure, 61.8% | |
| R2 | 4.0650 | ** | congestion | S3 | 3.9800 | ** | May high | |
| R1 | 4.0460/500 | * | Mar high, congestion | S4 | 3.9600 | * | congestion |
Asterisk denotes strength of level
03:00 GMT - Little change, as prices holds steady above 4.0200 support to consolidate losses from the 4.0950, July high. Bounce at 4.0200 level see prices unwinding oversold daily studies but corrective gains likely to prove limited and expected to give way to renewed selling pressure later. Below support at the 4.0200 congestion will see room to extend the June losses to the 4.0000 figure and 61.8% Fibonacci level. Lower still, will open up room to strong support at the 3.9800, May high. Meanwhile, resistance at the 4.0460/4.0500 area is expected to cap corrective gains.