Published: 2026-09-17T03:50:05.000Z
Chart USD/MYR Update: Extending gains
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Gapped up opening has seen extension to break the 4.0950, July/August highs
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 4.1545 | ** | 22 Jun YTD high | S1 | 4.0750 | * | 30 Jul low | |
| R3 | 4.1350 | * | congestion | S2 | 4.0650/600 | * | Jul low, congestion | |
| R2 | 4.1250 | * | 26 Jun high | S3 | 4.0450 | ** | 2 Sep high | |
| R1 | 4.1150 | * | congestion | S4 | 4.0200 | * | congestion |
Asterisk denotes strength of level
03:40 GMT - Gapped up opening has seen extension to break the 4.0950, July/August highs. Daily studies are stretched but positive weekly studies keep pressure and the upside and see room to resistance at the 4.1150/4.1250 area. Break here will see room for extension to retest the 4.1500 level and 4.1545 June current year high. Clearance here, if seen, will see room for stronger gains to retrace the 2025/2026 losses. Meanwhile, support is raised to the 4.0750, late-July low. Would take break below here to see room for deeper pullback to 4.0650/4.0600 area.