The Malaysian Ringgit has shown a strong move to the downside against the US Dollar in the last few days. That has been driven mostly by the yield of the 10-year Treasury note. The next level of decision is around 0.2392 where the Malaysian Ringgit could find some support, backed by the fear of inflation that is surrounding the US Dollar. If the buyers are hidding in this level of support, the MYRUSD could resume the uptrend that has been in place since March 2020.
