Published: 2026-04-22T04:49:28.000Z
Chart USD/MYR Update: Consolidating, room for lower later
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Edged up from the 3.9400 low as prices consolidate losses from the 4.0460, March high
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 4.0460 | ** | 31 Mar high | S1 | 3.9400 | * | 15 Apr low | |
| R3 | 4.0100 | * | 2 Apr low | S2 | 3.9300 | * | congestion | |
| R2 | 4.0000 | * | congestion | S3 | 3.9150 | * | Jan low, congestion | |
| R1 | 3.9680 | * | 9 Mar high | S4 | 3.8820 | ** | 26 Feb YTD low |
Asterisk denotes strength of level
04:40 GMT - Edged up from the 3.9400 low as prices consolidate losses from the 4.0460, March high. Daily studies have turned mixed but consolidation here is expected to give way to renewed selling pressure later. Below 3.9400 low will see room to lower support at the 3.9300 congestion and 3.9150, January low. Break here will return focus to the 3.8820 February current year low. Meanwhile, resistance is lowered to the 3.9680 high of 9 March and extending to the 4.0000 figure. This area is now expected to cap and sustain rejection from the 4.0460 late-March swing high.