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Sofien-Kaabar

USDSGD reacting from the resistance area and approaching support

U.S. Dollar / Singapore Dollar (OANDA:USDSGD)  
Sofien-Kaabar  
OANDA:USDSGD   U.S. Dollar / Singapore Dollar
Harmonic Patterns Technical Indicators Forex USD USDSGD rsi_oversold
3
1
harmonicpatterns indicator forex usd usdsgd rsi_oversold
USDSGD is reacting from its channel and the first part of the Extreme Impulse Wave harmonic pattern which should lead us towards 1.3440 from where a long opportunity could be established. Hopefully the RSI-ATR indicator should be close to support by the time we reach 1.3440 the potential reversal zone of the harmonic pattern and the lower part of the channel.
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