U.S. DOLLAR / MALAYSIAN RINGGIT
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USDMYR - 22Nov2021

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USDMYR - 22Nov2021

On the daily time frame, 1st Resistance at 4.1870 would be the focal point. If price can close above this level, there could be further upside due to monthly bullish setup.

On the H8 timeframe, price reached the small inverse h&s target at 4.1830. With the 20EMA + 200MA crossover and UKOIL price pulling back, price could potentially continue its bullish momentum to 1st Resistance at 4.1990.

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

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