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Salahuddin_yusuf

USDMYR potential long position

Long
U.S. DOLLAR / MALAYSIAN RINGGIT (FX_IDC:USDMYR)  
Salahuddin_yusuf Updated   
FX_IDC:USDMYR   U.S. DOLLAR / MALAYSIAN RINGGIT
Trend Analysis Chart Patterns Technical Indicators bursamalaysia Forex USDMYR malaysia malaysiafx
3
0
trendanalysis chartpattern indicator bursamalaysia forex usdmyr malaysia malaysiafx
USDMYR price as of writing is 4.174. Instrument shows cup and handle pattern. RSI levels and Stochastic indicators indicate an oversold market. If price breaks resistance level 4.2, price will move upward to price target of 4.34. 200-day EMA confirms an uptrend
Comment:
6th June 2019- Price has reached pullback price target of 4.15.
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