Published: 2026-01-27T06:38:30.000Z
Chart USD/MYR Update: Extending losses
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Pressure remains firmly on the downside as prices extend break of 4.0000 figure to approach support at 3.9500 congestion
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 4.0760 | ** | 5 Jan high | S1 | 3.9500 | * | congestion | |
| R3 | 4.0600 | * | congestion | S2 | 3.9300 | * | congestion | |
| R2 | 4.0330 | * | Dec 2025 year low | S3 | 3.9200 | * | congestion, Apr 2018 high | |
| R1 | 4.0000 | * | figure | S4 | 3.9000 | ** | congestion |
Asterisk denotes strength of level
06:35 GMT - Pressure remains firmly on the downside as prices extend break of 4.0000 figure to approach support at 3.9500 congestion. Below this will further extend the broader losses from the 2024 year high and see room to 3.9300/3.9200 congestion area. However, deep oversold daily and weekly studies caution corrective bounce with resistance at the 4.0000 figure now expected to cap. Would need to regain this to ease the downside pressure and see room for stronger corrective bounce to resistance at 4.0330/4.0600 area.