Published: 2026-10-28T02:41:54.000Z
Chart USD/MYR Update: Sideways in range
1
Still drifiting within a narrow range above the 4.0750/4.0800 congestion area
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 4.1150 | * | congestion | S1 | 4.0750 | * | congestion | |
| R3 | 4.0985 | ** | Sep high | S2 | 4.0650 | ** | Jul low | |
| R2 | 4.0950 | ** | Jul high, congestion | S3 | 4.0600 | * | congestion | |
| R1 | 4.0915 | * | 8 Oct high | S4 | 4.0450 | ** | 2 Sep high |
Asterisk denotes strength of level
03:10 GMT - Still drifiting within a narrow range above the 4.0750/4.0800 congestion area. Daily studies remains mixed and suggest further sideways ranging action likely to extend. Would take break of the 4.0750 support to open up room for deeper pullback to the 4.0650/4.0600 area. Meanwhile, resistance remains at the 4.0915 high of 8 October. Break here will open up room for retest of resistance at the 4.0950/4.0985, July/September highs. Gains beyond these, if seen, will further retrace the June/September losses and see room to the 4.1000 figure and 4.1150 congestion.