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InvestingScope

USDSGD: Bearish sequence on 1D.

Short
U.S. Dollar / Singapore Dollar (FX_IDC:USDSGD)  
InvestingScope  
FX_IDC:USDSGD   U.S. Dollar / Singapore Dollar
Trend Analysis Chart Patterns Technical Indicators USDSGD USD sgd DJ FXCM Index singaropedollar Forex currency Currencies
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trendanalysis chartpattern indicator usdsgd usd sgd usdollar singaropedollar forex currency currencies
The pair is trading on a 1W Channel Down (RSI = 42.533, Highs/Lows = -0.0041, B/BP = -0.0178, MACD = -0.002) which is close to pricing a top based on a recurring bearish pattern inside the channel. A new Lower Low should follow so we are going short, TP = 1.3400.






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