USDMYR - 22Apr2022
On the daily, USDMYR macro triangle breakout was revised and the revised upside target is to around 4.3500 in the medium term. However Daily RSI is at resistance and it may pull back / consolidate sideways before further upside.
On the H8, same outlook as the daily. Price is overbought and need to pull back / consolidate before continuing upside target to 4.35000.
Disclaimer: This is for personal work record purposes only, not financial advise or solicitation of trade.
On the daily, USDMYR macro triangle breakout was revised and the revised upside target is to around 4.3500 in the medium term. However Daily RSI is at resistance and it may pull back / consolidate sideways before further upside.
On the H8, same outlook as the daily. Price is overbought and need to pull back / consolidate before continuing upside target to 4.35000.
Disclaimer: This is for personal work record purposes only, not financial advise or solicitation of trade.