Thursday, August 11, 2016

· New range of 3.970 to 4.045 of MYR against US dollar


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

·         New range of 3.970 to 4.045 of MYR against US dollar
·         Key watch:- (i) Series of central banks’ meetings and (ii) Malaysia’s industrial production for June
·         The 50-day MA of 4.045 will serve as the immediate resistance

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