Published: 2026-06-22T04:26:48.000Z
Chart USD/MYR Update: Extending February gains
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Extending gains to reach resistance at 4.1500 congestion
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 4.2200 | * | congestion | S1 | 4.1150 | * | 19 Jun low, congestion | |
| R3 | 4.2000 | ** | congestion, 50% | S2 | 4.1000 | * | congestion | |
| R2 | 4.1800 | ** | 2025 year low | S3 | 4.0740 | ** | 8 Jun high | |
| R1 | 4.1500 | * | congestion | S4 | 4.0460 | ** | Mar high |
Asterisk denotes strength of level
04:20 GMT - Extending gains to reach resistance at 4.1500 congestion and break here see room to further extend gains from the February current year low. Higher will see room to strong resistance at 4.1800/4.2000 congestion and 50% Fibonacci retracement. Gains are seen corrective of steep drop from the January 2025 year high and expected to give way to renewed selling pressure later. Menwhile, support is raised to 4.1150/4.1100 congestion area. Break of these will open up room for deeper pullback to resistance turned support at 4.0740/4.0460, 8 June and March highs.