USDMYR -pending leg down

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USDMYR -pending leg downU.S. DOLLAR / MALAYSIAN RINGGITFX_IDC:USDMYRmicchuaAn update from 1 June outlook. Market displayed a corrective move to upside @4.1545 from February to June 2026 resisting below the 50% level between minor wave ii and iii. Prices are easing down again with MACD cutting below the signal line increases the probability of further downside pressure. Projected objective suggests 3.8200-3.7750 as support. Anticipating the price toward objective ,MACD is likely to display a second divergence which should provide confidence of a bottoming scenario.