USD/MYR could grind lower to the 4.1620 area – UOB By pabspiovano USDMYR Malaysia Currencies Crosses Banks
carries the potential to revisit the 4.1620 support, in opinion of Quek Ser Leang at UOB Group’s Global Economics & Markets Research.“Our view for USD/MYR to strengthen last week was incorrect as it slumped to a low of 4.1700 last Friday. While downward momentum has not improved by much, there is room for USD/MYR to test the major support at 4.1620 .”
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