The US dollar strengthened last week, but in Asia the dollar went sideway against the Asian currencies.
USDMYR pair since April 7 , was moving within a high range of 3.2350 and a low range of 3.1790. The pair have tested the 89 EMA but failed and currently it had just penetrated the lower support line of a triangle indicating a move downward.
The indicators also indicated a bearish tone and a break of recent support line at around 3.1800 could push the pair to 3.1500 and then toward 3.1000.
