USDMYR - 10Jan2022
On the weekly, last week candle bounced back to the descending trendline resistance. We could expect price to face bearish pressure and pull back to 1st Support at 4.1895.
On the H8, price bounced to the gap fill area where price is expected to have a short-term pullback to 1st Support at 4.2000. If price close below 4.200 area, we could expect a deeper pull back to 4.1825.
This is for personal record purposes only, not financial advise or solicitation of trade.
On the weekly, last week candle bounced back to the descending trendline resistance. We could expect price to face bearish pressure and pull back to 1st Support at 4.1895.
On the H8, price bounced to the gap fill area where price is expected to have a short-term pullback to 1st Support at 4.2000. If price close below 4.200 area, we could expect a deeper pull back to 4.1825.
This is for personal record purposes only, not financial advise or solicitation of trade.