Kronologi Asia

Kronologi Asia may climb higher after posting a long white candle and hitting its highest close in more than five months. This upward momentum is likely to continue, given that it has posted a second consecutive white candle. A bullish bias may emerge above the MYR0.72 level, with an exit set below the MYR0.655 threshold. To the upside, the immediate resistance is at MYR0.83. This is followed by the MYR0.90 level.

Source: RHB Securities Research - 16 Aug 2018