USDMYR - 20Dec2021
On the weekly, price has been consolidating sideways for the last 3 weeks. Not much further indication but if oil price continue to pull back we could expect USDMYR to bounce up higher.
On the H1, price confirm below all 3 MAs. We would have a slight bearish bias downside towards 1st Support at 4.1860.
This is for personal record purposes only, not financial advise or solicitation of trade.
On the weekly, price has been consolidating sideways for the last 3 weeks. Not much further indication but if oil price continue to pull back we could expect USDMYR to bounce up higher.
On the H1, price confirm below all 3 MAs. We would have a slight bearish bias downside towards 1st Support at 4.1860.
This is for personal record purposes only, not financial advise or solicitation of trade.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.