Get started
micchua

USD/Malaysian Ringgit : Major Top ???

U.S. DOLLAR / MALAYSIAN RINGGIT (FX_IDC:USDMYR)  
micchua  
FX_IDC:USDMYR   U.S. DOLLAR / MALAYSIAN RINGGIT
Trend Analysis Chart Patterns Wave Analysis
0
0
trendanalysis chartpattern waveanalysis
Prices resisted 2008 high 4.7750 providing a potential double top scenario if further slide in coming days. This week's close was on top of the triangle and at 0.618 retracement value may say otherwise.
Projected values appear at around 5.17-5.22 zone. Are we going to see the recovery of Ringgit against USD with the new Government in place??
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.