USDMYR - 09Mar2022
On the H8, price bounced higher to the gap fill area + 1st Resistance at 4.1835. We could expect price to pullback and retest 1st Support at 4.1720 today.
This is for personal record purposes only, not financial advise or solicitation of trade.
DXY - 09Mar2022
On the H4, price action is still indicating complex correction of wave count of (5)-(IV) taking place. Current price action is above daily 61.8% Fib resistance so we could expect price to bounce to 78.6% at 100.02 near future. Stochastic is retreating from resistance today. If price bounces higher today, Stochastic would be forming negative...
USDPHP - 09Mar2022
On the daily, USDPHP surged and confirmed above the channel. With Stochastic at resistance, we could expect to have a short-term pullback.
On the H4, price pulled back and rebounded back to the 1st Resistance at 52.35 after Stochastic hit its resistance yesterday. Will have to further monitor the price today. If it breaks above 1st Resistance...
