Kronologi Asia may climb higher after posting a white candle and hitting its highest close in nearly a month. This can be viewed as a continuation of the bulls extending the rebound from 31 Oct’s upside gap. A bullish bias may emerge above the MYR0.645 level, with an exit set below the MYR0.60 threshold. Towards the upside, the immediate resistance is at MYR0.725. This is followed by the MYR0.765 level.

Source: RHB Securities Research - 8 Nov 2018