USD/MYR: Solid resistance emerges at 4.2360 – UOB By pabspiovano USDMYR Malaysia Currencies Crosses Banks
is likely to meet a tough barrier at 4.2360, suggested Quek Ser Leang at UOB Group’s Global Economics & Markets Research.“Our expectations for USD/MYR to retest the 4.2360 level did not materialize as it traded between 4.1980 and 4.2285 before closing at 4.2080. USD/MYR opened on a firm note today and the bias for this week appears to be tilted to the upside.”Information on these pages contains forward-looking statements that involve risks and uncertainties.
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