Published: 2026-11-11T02:42:55.000Z
Chart USD/MYR Update: Bounce return focus to 4.0780 resistance
1
Break above 4.0600/4.0650 resistance see prices extending bounce from the 4.0420 low to retrace losses from the 4.0915, October high
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 4.0950 | * | Jul, Aug highs | S1 | 4.0650/600 | * | congestion | |
| R3 | 4.0915 | * | 8 Oct high | S2 | 4.0420 | ** | 6 Nov low | |
| R2 | 4.0885 | * | 27 Oct high | S3 | 4.0200 | ** | Sep low | |
| R1 | 4.0780 | ** | 21 Oct low | S4 | 3.9800 | ** | May high |
Asterisk denotes strength of level
02:35 GMT - Break above 4.0600/4.0650 resistance see prices extending bounce from the 4.0420 low to retrace losses from the 4.0915, October high. Nearby see strong resistance at 4.0780 low of 21 October expected to cap. Clearance here, if seen, will expose the 4.0885 and 4.0915 October highs to retest. Meanwhile, support is raised to 4.0650/4.0600 area. Would take break here to return focus to the downside for retest of the 4.0450/4.0420 support. Below here will see room for retest of the 4.0200 low and extend to broader losses from the 4.1545, June high.