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simplejack

USDMYR on Wave 5 Final Leg ?

Long
U.S. DOLLAR / MALAYSIAN RINGGIT (FX_IDC:USDMYR)  
simplejack  
FX_IDC:USDMYR   U.S. DOLLAR / MALAYSIAN RINGGIT
Trend Analysis Wave Analysis Technical Indicators USDMYR
7
0
trendanalysis waveanalysis indicator usdmyr

  • USDMYR has been respecting the daily trendline from the start of March.
  • USDMYR has been respecting the 50% and 61.8% fib retracement levels (from 2020 low to 2020 high)
  • Possible upward breakout of the triangle to complete Wave 5 final leg. Target just above Wave 3 high (4.4480)
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