Published: 2026-09-02T02:27:46.000Z
Chart USD/MYR Update: Higher in consolidation from 4.0200 support
-
Turned up from the 4.0200 support as prices consolidate losses from the 4.0950 July high and unwind oversold daily studies
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 4.0800 | congestion | S1 | 4.0200 | * | congestion | ||
| R3 | 4.0750 | * | 30 Jul low | S2 | 4.0000 | ** | figure, 61.8% | |
| R2 | 4.0650 | ** | congestion | S3 | 3.9800 | ** | May high | |
| R1 | 4.0460/500 | * | Mar high, congestion | S4 | 3.9600 | * | congestion |
Asterisk denotes strength of level
02:30 GMT - Turned up from the 4.0200 support as prices consolidate losses from the 4.0950 July high and unwind oversold daily studies. Nearby see resistance starting at 4.0460/4.0500 area. Clearance here, will open up room for stronger gains to strong resistance at the 4.0600/4.0650 level and July low. This area is expected to cap and give way to renewed selling pressure later. Meanwhie, break of the 4.0200 low will see room to extend the June losses to the 4.0000 figure and 61.8% Fibonacci level. Break here, will open up room to strong support at the 3.9800, May high.