ionuttrif

Long USD/SGD

Long
ionuttrif Updated   
OANDA:USDSGD   U.S. Dollar / Singapore Dollar
The pair is currently in an ascending trend and it's forming an ascending triangle. The resistance level highlighted in on the chart can be tested one or several time before being broken.
The best strategy would be to buy the pair as close as possible to the trend line or wait until the resistance level is broken and initiate the trend around the 1.348 level.
Trade active:
This should be a good moment to initiate the trade

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