USDMYR - 22Nov2021USDMYR - 22Nov2021
On the daily time frame, 1st Resistance at 4.1870 would be the focal point. If price can close above this level, there could be further upside due to monthly bullish setup.
On the H8 timeframe, price reached the small inverse h&s target at 4.1830. With the 20EMA + 200MA crossover and UKOIL price pulling back, price could potentially continue its bullish momentum to 1st Resistance at 4.1990.
This is for personal record purposes only, not financial advise or solicitation of trade.
21nov21
USDPHP - 21Nov2021USDPHP - 21Nov2021
On the daily time frame, price flirted with 1st Resistance at 50.72 before closing back below the descending trendline resistance. We could expect a pullback today.
On the H8 timeframe, price is facing resistance from the neckline and 1st Resistance. We could expect it to drop to 1st Support at 50.30
This is for personal record purposes only, not financial advise or solicitation of trade.