Published: 2026-10-06T02:58:36.000Z
Chart USD/MYR Update: Retains upside bias from 4.0750/4.0650 support
1
Little change, but pressure remains on the upside as prices edge higher from support at 4.0650 congestion and July low
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 4.1350 | * | congestion | S1 | 4.0650 | * | Jul low | |
| R3 | 4.1250 | * | 26 Jun high | S2 | 4.0600 | * | congestion | |
| R2 | 4.1150 | * | congestion | S3 | 4.0450 | ** | 2 Sep high | |
| R1 | 4.0950/00 | ** | Jul high, congestion | S4 | 4.0200 | ** | 1 Sep low, congestion |
Asterisk denotes strength of level
02:50 GMT - Little change, but pressure remains on the upside as prices edge higher from support at 4.0650 congestion and July low. Positive daily studies suggest scope for retest of resistance at the 4.0950/4.1000 area to extend the broader gains from 4.0200 low. Above 4.1000 level, if seen, will see room to the 4.1150/4.1350 congestion area. Meanwhile, support remains at the 4.0750/4.0650 area. Would take break here to fade the upside pressure and see deeper pullback to retrace the September gains to support at the 4.0450/4.0400 congestion area.