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USD/MYR extends fall, markets caught long into fix

Talk of fresh funds buying in MGS today added to pressure Longs spook by break below 3.6860, last high on Mar 27 Break below 3.6800 risks deeper pullback to 3.6690 rising channel top USD/MYR last 3.6910-30, NDFs 3.6915-5…

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  • Talk of fresh funds buying in MGS today added to pressure

  • Longs spook by break below 3.6860, last high on Mar 27

  • Break below 3.6800 risks deeper pullback to 3.6690 rising channel top

  • USD/MYR last 3.6910-30, NDFs 3.6915-55; KLCI -0.24% 

 

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