JackBauer007

Singapore Dollar Rangebound

Long
FX_IDC:SGDINR   SINGAPORE DOLLAR / INDIAN RUPEE
SGDINR is trading in the 50.1 to 53.89 range (shown in the box). It will continue to be range bound until there is a breakout. I anticipate an upside breakout eventually. The target then will be the equivalent to the box height. But the timeline will be much shorter.

NeatTrade
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.