Published: 2026-09-10T02:30:09.000Z
Chart USD/MYR Update: Still room to extend September gains
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Break above the 4.0650 resistance reached 4.0700 level before settling back in consolidation
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 4.0950 | ** | Jul, Aug highs | S1 | 4.0450 | ** | 2 Sep high | |
| R3 | 4.0800 | * | congestion | S2 | 4.0200 | * | congestion | |
| R2 | 4.0750 | * | 30 Jul low | S3 | 4.0000 | ** | figure, 61.8% | |
| R1 | 4.0650 | ** | congestion | S4 | 3.9800 | ** | May high |
Asterisk denotes strength of level
02:30 GMT - Break above the 4.0650 resistance reached 4.0700 level before settling back in consolidation to unwind overbought intraday studies. Positive daily and weekly studies keep pressure on the upside and see room to the nearby resistance at 4.0750. Clearance here will see scope for retest of strong resistance at the 4.0950, July and August highs. Meanwhile, support remains at 4.0450 congestion and March high. Would take break here to return focus to the downside for retest of the 4.0200 low and extend the June losses to the 4.0000 figure and 61.8% Fibonacci level.