# USD/MYR: Weakness looks limited around 4.1370 – UOB: Analytics and Market news from 26 tháng 10 2021 09:58

> UOB analysts said selling pressure on USD/MYR should be limited around 4.1370, with a breach of the rising trend-line support near 4.1420 possible this week. The pair had traded in a narrower range of 4.1480 to 4.1695 than expected. A move above 4.1630 would signal that downward pressure has eased.

- Date: 2021-10-26 · published 2021-10-26T12:00:00.000Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/44834-usd-myr-weakness-looks-limited-around-4-1370-uob-analytics-and-market-news-from
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

This is routine technical currency commentary with no new fundamental cause. It has little direct effect on feed or palm oil prices.

## Read by commodity

- USDMYR: neutral

## Sources

- teletrade.org: https://www.teletrade.org/vi/analytics/market-analysis/market-news/3698896

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.