USDMYR - 28Mar2022
USDMYR faced bearish pressure from the resistance at 4.2360. On the daily with the long bearish candle, price could possible drop back to 20EMA + 1st Support at 4.1985 before a bounce.
On the H8, price closed below the 20EMA and is now at support. With the bearish momentum, we could expect price to drop further to 1st Support at 4.2000 before rebounding back.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDMYR faced bearish pressure from the resistance at 4.2360. On the daily with the long bearish candle, price could possible drop back to 20EMA + 1st Support at 4.1985 before a bounce.
On the H8, price closed below the 20EMA and is now at support. With the bearish momentum, we could expect price to drop further to 1st Support at 4.2000 before rebounding back.
This is for personal record purposes only, not financial advise or solicitation of trade.