Wednesday, August 10, 2016

· Maintain MYR to trade in the range of 4.012 to 4.052 against US dollar


Highlights of today’s FX Daily Outlook as follow:-

·         Maintain MYR to trade in the range of 4.012 to 4.052 against US dollar
·         Key watch:- (i) RBA Glenn Stevens’ speech and (ii) Japan’s machine orders for June
·         The 100-day MA of 4.012 will remain as the strong support

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