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Forex - Chart USD/MYR Update: Renewed pressure triggered on the downside
Written by article default Wednesday, 03 November 2010 12:40
Renewed pressure triggered below 3.0900 support and now eyeing the stronger and more important support at 3.0800, where break will unlease strong selling and revive the broader decline from 3.3650 high. Lift above yesterday's high of 3.1010 to alleviate downside pressure.
R5: 3.1498 24 Aug congestion high R4: 3.1370