Published: 2026-09-25T02:43:59.000Z
Chart USD/MYR Update: Consolidating, room for higher later
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Extending consolidation above support at the 4.0650 July low following pullback from the 4.1000 resistance
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 4.1350 | * | congestion | S1 | 4.0650 | * | Jul low | |
| R3 | 4.1250 | * | 26 Jun high | S2 | 4.0600 | * | congestion | |
| R2 | 4.1150 | * | congestion | S3 | 4.0450 | ** | 2 Sep high | |
| R1 | 4.0950/00 | ** | Jul high, congestion | S4 | 4.0200 | ** | 1 Sep low, congestion |
Asterisk denotes strength of level
02:40 GMT - Extending consolidation above support at the 4.0650 July low following pullback from the 4.1000 resistance. Daily studies have turned mixed but positive weekly chart suggest scope for break higher to extend the broader gains from 4.0200 low. Clearance will see room to the 4.1150/4.1350 congestion area. Higher still, if seen, will expose the 4.1545 June current year high to retest. Meanwhile, support remains at the 4.0650/4.0600 area which should underpin. Would take break here to fade the upside pressure and see deeper pullback to retrace strong gains from the 4.0200 low.