Published: 2026-10-14T02:50:01.000Z
Chart USD/MYR Update: Lower in consolidation
1
Little change, as prices extend consolidation below the 4.0915 high of last week
| 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
02:40 GMT - Little change, as prices extend consolidation below the 4.0915 high of last week. Support starts at the 4.0750 congestion with negative daily studies suggesting scope for break here to open up room for retest of the 4.0650/4.0600 area. Break here will extend pullback from strong resistance at the 4.0950/4.1000 area and see room for 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.