Published: 2026-06-19T03:26:03.000Z
Chart USD/MYR Update: Extend February gains
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Sharply higher as prices extend break above the 4.0760 January to reach resistance at 4.1240
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 4.2000 | ** | congestion, 50% | S1 | 4.1000 | * | congestion | |
| R3 | 4.1800 | ** | 2025 year low | S2 | 4.0760 | * | Jan high | |
| R2 | 4.1500 | * | congestion | S3 | 4.0460 | ** | Mar high | |
| R1 | 4.1240 | ** | Nov 2025 low, 38.2% | S4 | 4.0000 | * | figure, congestion |
Asterisk denotes strength of level
03:20 GMT - Sharply higher as prices extend break above the 4.0760 January to reach resistance at 4.1240 and retrace 38.2% of losses from the January 2025 year high. Break here will further extend gains from the February low and see room to resistance at 4.1500 congestion and 4.1800, 2025 year low. Gains are seen corrective of steep drop from the January 2025 year high and expected to give way to renewed selling pressure later. Menwhile, support is raised to 4.1000 then the 4.0760 January high. Break of these will return focus to the downside for retest of 4.0460 March high.