Published: 2026-10-15T06:24:07.000Z
Chart USD/MYR Update: Drifting lower
1
Drifting lower from the 4.0915 high of last week towards support at the 4.0750 congestion
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 4.1350 | * | congestion | S1 | 4.0750 | * | congestion | |
| R3 | 4.1250 | * | 26 Jun high | S2 | 4.0650 | ** | Jul low | |
| R2 | 4.1150 | * | congestion | S3 | 4.0600 | * | congestion | |
| R1 | 4.0950/00 | ** | Jul high, congestion | S4 | 4.0450 | ** | 2 Sep high |
Asterisk denotes strength of level
06:20 GMT - Drifting lower from the 4.0915 high of last week towards support at the 4.0750 congestion. Negative daily studies suggest scope for break here to open up room for deeper pullback to support at the 4.0650/4.0600 area. Break of the latter will extend pullback from strong resistance at the 4.0950/4.1000 highs and see extension towards the 4.0450/4.0400 congestion area. Below the latter will return focus to the 4.0200 low. Meanwhile, resistance at the 4.0915 high expected to cap and sustain pullback from the 4.0950/4.1000 congestion area.