FX_IDC:USDMYR   U.S. DOLLAR / MALAYSIAN RINGGIT
USDMYR - 19Jan2022

On the daily, USDMYR opens higher after the past 2 days of bank holiday. Price is currently at 20EMA and has the potential to bounce up a bit higher to 4.1990 before facing bearish pressure.

On the H8, price is trying to bounce above 3 MAs. It is expected to face extreme bearish pressure however it have slight chance to bouncing up towards daily resistance at 4.1990 before being pushed lower.

This is for personal record purposes only, not financial advise or solicitation of trade.
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.