Published: 2026-11-05T02:34:11.000Z
Chart USD/MYR Update: Under pressure, 4.0450 support at risk
1
Break of support at the 4.0650/4.0600 area see prices extending rejection from the 4.0780 resistance
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 4.0915 | * | 8 Oct high | S1 | 4.0450 | ** | Mar high | |
| R3 | 4.0885 | * | 27 Oct high | S2 | 4.0200 | ** | Sep low | |
| R2 | 4.0780 | ** | 21 Oct low | S3 | 4.0000 | * | figure, congestion | |
| R1 | 4.0650 | ** | congesion, 23 Sep low | S4 | 3.9800 | ** | May high |
Asterisk denotes strength of level
02:30 GMT - Break of support at the 4.0650/4.0600 area see prices extending rejection from the 4.0780 resistance. Focus return to the 4.0450 support with negative daily and weekly studies suggesting break here likely to extend losses from the 4.0985 September high. Break will expose the 4.0200 low to retest. Below the latter will extend to broader losses from the 4.1545, June high. Meanwhile, resistance is lowered to 4.0600/4.0650 congestion area which is expected to cap and sustain losses from the 4.0885/4.0915, October highs.