Our MYR continues to strengthen. Yesterday, USD-MYR broke he psychological 4.00 mark. This comes about 2 weeks after it broke the intermediate uptrend line, S1-S1 at 4.10. The next strong support will be at 3.75. My earlier recommendation remains unchanged: Underweight exporters. Overweight importers.
Chart: USD-MYR's daily chart as at Mar 22, 2016_3.30pm (Source: Investing.com)
http://nexttrade.blogspot.my/2016/03/usd-myr-broke-psychological-400-mark.html
