USDMYR - 16Mar2022
On the H8, price faced bearish pressure after failing to close above 1st Resistance at 4.2120 yesterday. On the bigger picture, USDMYR is pulling back to push up much higher to price target of around 4.2800. Closing back below 20EMA and 50MA would lower the probability of USDMYR achieving the upside target.
This is for personal record purposes...
DXY - 16Mar2022
On the H4, price is still consolidating for Wave 5-(IV)(C). With the FOMC announcement later tonight, it will be interesting to see how the price action plays out.
As long as price does not close back below 2nd Support at 97.78. We could expect DXY to push higher for Wave 5-(V) in the near term.
This is for personal record purposes only, not...
USDPHP - 16Mar2022
On the H4, price is pulling back from the highs at 52.50. With daily Stochastic at resistance, we could expect USDPHP to pull back lower. H4 Stochastic also have room for further downside till support, further adding to the bearishness.
This is for personal record purposes only, not financial advise or solicitation of trade.
