- USD/MYR is currently trading around 4.1237 levels.
- It made intraday high at 4.1343 and low at 4.11 levels.
- Intraday bias remains bullish till the time parity holds key support at 4.0700 levels.
- Alternatively, current rebound will take the parity around 4.1665/ 4.20 levels thereafter.
- Today Malaysia will release interest rate decision. The Malaysian central bank is expected to keep the overnight policy rate on hold at 3.25% today in order to attain a balance between defending the Malaysian ringgit and strengthening economic growth.
- A daily close below 4.07 will turn the bias bearish again and drag the parity down around 4.00 marks.
We prefer to take long position in USD/MYR around 4.12, stop loss 4.0780 and target 4.20 marks.


Ethereum’s Healthy Correction: Bulls Eye Strategic Re-Entry at 2,150 USD Following Profit-Booking Pullback
Pound on Pause: GBPJPY Bulls Regroup for a Potential Sprint Toward 215.00
Kiwi Ascendant: NZDJPY Bulls Eye Multi-Year Peaks Amid Triple-Day Rally
FxWirePro: GBP/AUD positions for another drop, eyes 1.8900level
FxWirePro: USD/CAD extends decline on broad dollar weakness
FxWirePro: USD/JPY steadies around 158.75, bias bullish
FxWirePro: AUD/USD edged lower as early optimism over U.S.–Iran peace talks fade
Euro Holds the Line: EURUSD Finds Support at the 365-EMA as Peace Talks Loom
FxWirePro -Major European Indices
FxWirePro: GBP/USD bulls remain cautiously optimistic
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/CAD gains ground on prospects of resumed energy flows
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/NZD remains under pressure as key support gives way
Bitcoin’s Islamabad Watch: BTCUSD Consolidates Near 71,421 USD as Geopolitical Peace Talks Loom
NZDJPY Bulls Charge Toward 95.00: Safe-Haven Exodus Drives Kiwi Rally 



