The USD/MYR exchange rate at 4.55700 is expected to encounter strong resistance around 4.5790, which may limit its potential for further gains, according to UOB.

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USDMYR Chart by TradingView

Extra gains in USD/MYR are expected to meet decent resistance around the 4.5790 region for the time being, notes Markets Strategist Quek Ser Leang at UOB Group.

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