The US Dollar has fallen against the Malaysian Ringgit this Monday to retest the broken level of 4.1000 and it already showed some upward strength at the end of the US trading session. Despite that movement, this has been a quiet day in the markets due to the lack of macroeconomic news. Investors should pay attention to the GDP for the Malaysian economic due later today. From a technical point of view, if the price manages to break above the 4.11 level, it could rise to the 4.1250 and then to the 4.1500 level.
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© 2019 High Leverage FX - All Rights Reserved.