SonicDeejay
Short

USD/MYR Update (24/11/15)

FX_IDC:USDMYR   U.S. DOLLAR / MALAYSIAN RINGGIT
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1
USD is on the slide side, as the oil and oil related currencies continue to advance against it...

We had a bearish strong bar in Week 47, and I am seeing the USD/ MYR slide to continue..

It could easily reach the first arrow area (4.20) and extendedly the second arrow area (4.12)... There are where the Bull support may come in..

No reason to go long on this pairs until then..


Sonic

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