ryanchai
Long

USDMYR Continue to Rally Again

FX_IDC:USDMYR   U.S. DOLLAR / MALAYSIAN RINGGIT
29 0 2
A quick update on MYR             . USD start to rally despite no rate hiking in Sept. Technically MYR             have moved out from consolidate zone, and start depreciate further against USD. I foresee a slight and quick pull back on USDMYR             , and then continue to rally. Next target of resistance will be around 4.2. To breakout from uptrend channel , USDMYR             need to fall below 4.05 to form a Lower Low.
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