- Pair is currently trading around 4.1335.
- It made intraday high at 4.1470 and low at 4.1356 levels.
- Intraday bias remains bearish till the time pair holds key resistance at 4.1501.
- A sustained break above key resistance will drag the parity towards 4.1786 marks.
- Alternatively, reversal from key resistance will take the parity back around 4.10, 4.07 and 4.0086 (August 2016 low) levels thereafter.
We prefer to take short position in USD/MYR around 4.1350, stop loss 4.1501 and target 4.1010 levels.


Nikkei Blasts Past 67K: AI Chip Frenzy Ignites 9% Surge From Yen Intervention Bottom
FxWirePro- Woodies pivot (Major)
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption
FxWirePro: GBP/AUD risks tilt further to the downside
FxWirePro: NZD/USD drifts lower as markets await US inflation data
FxWirePro: EUR/AUD dips as Aussie gains after RBA decision
FxWirePro: USD/CNY hovers near 3-1/2-year low ahead of U.S. data
Major Pair Currency Score: GBPUSD and AUDUSD Extremely Bullish, NZDUSD Bullish
FxWirePro: USD/CAD hits two-month low as oil prices rise
FxWirePro: EUR/AUD bears maintain upper hand
GBPJPY Consolidates Above 215 on Bullish Momentum: Buy Dips Toward 217
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro: AUD/USD range bound ahead of RBA policy decision
FxWirePro- Major Pair levels and bias summary
JPY Currency Scoreboard: USDJPY and NZDJPY Emerge as Top Bullish Pairs to Watch 



