USDMYR Prediction for 2025

Resistance Zone at 4.75 - 4.80:

The highlighted red zone represents a strong resistance area, where the price has struggled to break through in the past.
The chart indicates a potential test of this resistance.

Potential Price Reversal:
After reaching the resistance zone, the blue arrow suggests an anticipated reversal, where the price could decline significantly. This is consistent with the technical analysis principle of resistance acting as a ceiling for prices.

Bearish Target:
The second part of the blue arrow points toward a significant decline, possibly below 4.00, indicating a bearish outlook for USD/MYR after the potential rejection at the resistance level.
Awesome Oscillator (AO):

The histogram at the bottom shows the Awesome Oscillator, which is slightly negative but appears to be recovering.
If the momentum shifts, it could align with the upward move toward resistance before reversing.
Key Levels to Watch:

4.75 - 4.80: Resistance zone where the price could face selling pressure.
4.00 - 4.20: A potential support zone if the price declines.