CNY/MYR looks bearish on charts

By OmiFX8
CNY/MYR looks set to dive out of a two-year ascending channel

1. Bear divergence of RSI and MACD on weekly timeframe.
2. Multiple rejections above 0.66 in recent months.
3. Monthly MACD crossing bearish.





Chart PatternsCNYCNYMYRcurrencyMYRTrend Analysis
OmiFX8

Disclaimer