Published: 2026-01-28T04:42:39.000Z
Chart USD/MYR Update: Extending losses
1
Pressure remains firmly on the downside and break of support at the 3.9500 congestion see prices reaching fresh low at 3.9170
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 4.0600 | * | congestion | S1 | 3.9000 | ** | figure, congestion | |
| R3 | 4.0330 | * | Dec 2025 year low | S2 | 3.8900 | * | congestion | |
| R2 | 4.0000 | ** | 2021 year low | S3 | 3.8700 | * | Jan 2018 low | |
| R1 | 3.9500 | * | congestion | S4 | 3.8560 | ** | Apr 2018 year low |
Asterisk denotes strength of level
04:45 GMT - Pressure remains firmly on the downside and break of support at the 3.9500 congestion see prices reaching fresh low at 3.9170. Below this will further extend the broader losses from the 2024 year high and see room to 3.9000 figure. Break here, will see room for extension to 3.8900 congestion. Lower still, will see potential to 3.8700/3.8560, January 2018 and April 2018 year lows. Meanwhile, resistance is lowered to the 3.9500 congestion which is expected to cap and sustain steep losses from the October high.