- Pair is currently trading at 4.0992 levels.
- It made intraday high at 4.1081 and low at 4.0780 levels.
- Intraday bias remains bullish for the moment.
- A daily close below 4.0700 will turn the bias bearish again and drag the parity towards key support level at 4.0086 marks.
- Alternatively, current rebound from 4.0700 levels will take the parity higher around 4.1430 levels.
- Overall trend remains bearish till the time pair holds key resistance levels at 4.2194 levels.
We prefer to take long position in USD/MYR around 4.0950, stop loss 4.0700 and target 4.1430 levels.


FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/NZD gains some upside momentum, but outlook is bearish
FxWirePro:' USD/CAD faces downside risk below 1.4000
FxWirePro: AUD/USD in holding pattern as market await fresh catalyst
FxWirePro: NZD/USD drifts lower as markets await US inflation data
FxWirePro:EUR/NZD gains slightly as ranges remain tight ahead U.S. inflation report
GBPJPY Consolidates Above 215 on Bullish Momentum: Buy Dips Toward 217
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/AUD bears maintain upper hand
FxWirePro: GBP/AUD risks tilt further to the downside
FxWirePro:NZD/USD drifts lower, could be on verge of bigger drop
AUDJPY Holds Firm Above 112 on Broad Yen Weakness: Buy Dips Toward 115
FxWirePro: USD/ZAR edges higher after weak SA jobs and manufacturing data
FxWirePro: USD/CAD hits two-month low as oil prices rise
JPY Currency Scoreboard: USDJPY and NZDJPY Emerge as Top Bullish Pairs to Watch
FxWirePro: GBP/AUD edges higher but bulls lack punch 



