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USDMYR - 06Apr2022

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FX_IDC:USDMYR   U.S. DOLLAR / MALAYSIAN RINGGIT
USDMYR - 06Apr2022

On the weekly, USDMYR faced bearish pressure and formed a doji candle last week. Nevertheless, it is now bouncing higher to continue its triangle breakout target to around 4.270.

On the H8, USDMYR also broke another small triangle. However, H8 target is only around 4.260. If USD can continue to strengthen across the board + oil price pulling back, this target can be achieved within these few days.

This is for personal record purposes only, not financial advise or solicitation of trade.
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