Published: 2026-09-21T02:37:51.000Z
Chart USD/MYR Update: Room for deeper pullback from 4.0950/4.1000 resistance
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Extending rejection from the 4.0950/4.1000 resistance as prices unwind overbought daily studies
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 4.1350 | * | congestion | S1 | 4.0750 | * | 30 Jul low | |
| R3 | 4.1250 | * | 26 Jun high | S2 | 4.0650/600 | * | Jul low, congestion | |
| R2 | 4.1150 | * | congestion | S3 | 4.0450 | ** | 2 Sep high | |
| R1 | 4.0950/00 | ** | Jul , 17 Sep high | S4 | 4.0200 | ** | 1 Sep low, congestion |
Asterisk denotes strength of level
02:30 GMT - Extending rejection from the 4.0950/4.1000 resistance as prices unwind overbought daily studies. Pullback see prices retracing strong gains from the 4.0200 low and towards support at the 4.0750/4.0650 July lows and 4.0600 level. Break of these will return focus to the downside to strong support at 4.0450 then 4.0200 low. Meanwhile, resistance at the 4.0950/4.1000 July high and congestion area expected to cap. Clearance, but not expected, will see room for continuation to resistance at the 4.1150/4.1250 area and set up scope for retest of 4.1545, June current year high.