Kronologi Asia may rebound further after it tested the MYR0.58 support in its latest session. As the 21-day SMA line is likely to begin turning upwards, this also implies a positive outlook. A bullish bias may appear above the MYR0.60 level, with an exit set below the MYR0.58 threshold. Towards the upside, the near-term resistance is at MYR0.645. This is followed by the MYR0.685 level.
Source: RHB Securities Research - 5 Jul 2019
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Created by rhboskres | Aug 26, 2024