Tuesday, August 9, 2016

· USD/MYR will continue trade in the range of 4.012 to 4.052


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

·         USD/MYR will continue trade in the range of 4.012 to 4.052
·         Key watch:- (i) RBI policy meeting and (ii) China’s CPI data for July
·         The 100-day MA of 4.012 will remain as the immediate support

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