Wednesday, November 19, 2008

USD/MYR: in up-swing mode


MYR chart still in up-swing mode. It just breaks the overhead resistance at 3.52 easily and heading to 3.580 to 3.590 (at 2nd resistance) as we mentioned in our 17/10/08’s comment. Its up-swing mode remain strong, may want to try the next resistance level between 3.640-3.690.