K Euro will fall further should it closes below the psychological RM1.00 support level. A position can be exited should that happen. Supports are expected at the prior lows of RM0.88 and RM0.65. However, buying support will return if the stock closes above last week’s high of RM1.04. Resistance should come at the 15 May gap of RM1.09 and the broken support of RM1.21.
Source:
OSK
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