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Highlights
of today’s FX Daily Outlook as follow:-
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· Expect USD/MYR to
trade in a range of 4.012 to 4.052
· Key watch:- (i)
China’s trade statistics (ii) Malaysia’s foreign shareholding of local debts
· The 100-day MA of
4.012 will be the immediate support; any break will trigger next support at
3.965 against US dollar
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Monday, August 8, 2016
· Expect USD/MYR to trade in a range of 4.012 to 4.052
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