MBSB BERHAD
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Short Term Bullish

393
There was a significant breach above downtrend line from Feb 2018, pulled back from the resistance in June 2020, however made a return move above the downtrend line, closed with a Bullish Engulfing candle yesterday. If it manages to close above 0.77, the doors will be open towards the 1.618 Fibo level at 0.955. On the flipside, if it drops below 0.57 it may fall lower to previous support at 0.48.

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