Published: 2026-10-23T02:52:22.000Z
Chart USD/MYR Update: Extend consolidation above 4.0750 support
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Little change, as prices extend consolidation above support at the 4.0750 congestion
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 4.1150 | * | congestion | S1 | 4.0750 | * | congestion | |
| R3 | 4.0985 | ** | Sep high | S2 | 4.0650 | ** | Jul low | |
| R2 | 4.0950 | ** | Jul high, congestion | S3 | 4.0600 | * | congestion | |
| R1 | 4.0915 | * | 8 Oct high | S4 | 4.0450 | ** | 2 Sep high |
Asterisk denotes strength of level
02:50 GMT - Little change, as prices extend consolidation above support at the 4.0750 congestion. Daily studies have turned mixed at oversold areas and suggest further ranging action above the latter. Would take break here to open up room for deeper pullback to the 4.0650/4.0600 area. Meanwhile, resistance remains at the 4.0915 high of 8 October. Break here will open up room for retest of resistance at the 4.0950/4.0985, July/September highs. Break here, if seen, will further retrace the June/September losses and see room to 4.1000 figure and 4.1150 congestion.