Published: 2026-02-03T02:19:50.000Z
Chart USD/MYR Update: Shallow corrective bounce
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Limited on break above the 3.9500 level but further gains cannot be ruled out as prices unwind oversold daily studies
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 4.0500 | * | congestion | S1 | 3.9150 | ** | 28 Jan YTD low | |
| R3 | 4.0330 | * | Dec 2025 year low | S2 | 3.9000 | ** | figure, congestion | |
| R2 | 4.0000 | ** | figure, 2021 year low | S3 | 3.8900 | * | congestion | |
| R1 | 3.9500 | * | congestion | S4 | 3.8700 | * | Jan 2018 low |
Asterisk denotes strength of level
02:15 GMT - Limited on break above the 3.9500 level but further gains cannot be ruled out as prices unwind oversold daily studies. Higher will see room for stronger gains to correct losses from the 4.0760 January high to strong resistance at the 4.0000 figure and 2021 year low. Corrective gains are expected to give way to renewed selling pressure later, below the 3.9150 low will further extend the broader losses from the 2024 year high and see room to 3.9000 figure. Lower still, will see extension to support at 3.8900 congestion and 3.8700/3.8560, January 2018 and April 2018 year lows.