Published: 2026-10-21T02:09:12.000Z
Chart USD/MYR Update: Drifting lower from 4.0915 high
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Drifting lower as prices extend pullback from 4.0915 high of 8 October
| 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
02:05 GMT - Drifting lower as prices extend pullback from 4.0915 high of 8 October. Daily studies have turned mixed but downside bias from the latter see prices leaning towards support at the 4.0750 congestion. Would take break here to open up room for deeper pullback to the 4.0650/4.0600 area. Below here will extend pullback from the 4.0985 September high and see room towards the 4.0450/4.0400 congestion area. Meanwhile, resistance remains at the 4.0915 high. Break here will open up room for retest of resistance at the 4.0950/4.0985, July/September highs.