Published: 2026-08-05T02:22:50.000Z
Chart USD/MYR Update: Choppy in range
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Little change, as prices extend consolidation below the 4.0950 resistance
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 4.1545 | ** | 22 Jun YTD high | S1 | 4.0650/00 | * | congestion | |
| R3 | 4.1350 | * | congestion | S2 | 4.0460 | ** | Mar high | |
| R2 | 4.1150 | * | congestion | S3 | 4.0200 | * | congestion | |
| R1 | 4.0950 | * | 1 Jul high | S4 | 4.0000 | * | figure |
Asterisk denotes strength of level
02:20 GMT - Little change, as prices extend consolidation below the 4.0950 resistance. Would takke break here to open up room for stronger gains to resistance at the 4.1150/4.1200 congestion area. However, negative weekly studies suggest corrective gains giving way to renewed selling pressure later to retest the 4.0750/4.0650 lows. Break here will extend losses from the 4.1545 June current year high and see room for deeper pullback to retrace the May/June rally to strong support at 4.0460/4.04600 area.