USDMYR potential long position
Updated
USDMYR price as of writing is 4.174. Instrument shows cup and handle pattern. RSI levels and Stochastic indicators indicate an oversold market. If price breaks resistance level 4.2, price will move upward to price target of 4.34. 200-day EMA confirms an uptrend
Note
6th June 2019- Price has reached pullback price target of 4.15.
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