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micchua
Dec 4, 2022 1:12 PM

USD/Malaysian Ringgit : Major Top ??? 

U.S. DOLLAR / MALAYSIAN RINGGITICE

Description

Prices resisted 2008 high 4.7750 providing a potential double top scenario if further slide in coming days. This week's close was on top of the triangle and at 0.618 retracement value may say otherwise.
Projected values appear at around 5.17-5.22 zone. Are we going to see the recovery of Ringgit against USD with the new Government in place??
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