Please see my previous review on 24 Nov..
It is gonna go lower IMO..
It is just that 4.198x seem nice support and it needed to be broken down strong...
After that, we shall see 4.110x level..
Sonic
Unlike USD/PESO, the pair is in the junction, which I believe there will be a break out up so sort..
We have relatively light news and speech coming out in next week, So I expect, Market will go make a major turning point in next week...
In the week after next week, This is where a big new await.. FOMC minute..
In TA point of view, the pair is at the nice...
Remember the analysis on 14 Sept. saying that.. this pair will go back to 4.20x level.. and It did,,,
I am seeing the USD/MYR weakening has begun.. This pair structure has begun to be in control by BEAR.
It may bounce around 4.2x to swap buy pressure for time being,. but eventually it will go back to 4.108x level.. soon...
Sonic
