FX_IDC:USDMYR   U.S. DOLLAR / MALAYSIAN RINGGIT
USDMYR - 19Jan2022

On the daily, USDMYR opens higher after the past 2 days of bank holiday. Price is currently at 20EMA and has the potential to bounce up a bit higher to 4.1990 before facing bearish pressure.

On the H8, price is trying to bounce above 3 MAs. It is expected to face extreme bearish pressure however it have slight chance to bouncing up towards daily resistance at 4.1990 before being pushed lower.

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