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InvestingScope

USDSGD: Long term Buy opportunity.

Long
U.S. Dollar / Singapore Dollar (OANDA:USDSGD)  
InvestingScope  
OANDA:USDSGD   U.S. Dollar / Singapore Dollar
Trend Analysis Chart Patterns Technical Indicators USDSGD USD sgd DJ FXCM Index singaporedollar Forex Currencies currency
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trendanalysis chartpattern indicator usdsgd usd sgd usdollar singaporedollar forex currencies currency
The pair is on Higher Lows since February and as illustrated by the neutral 1M technical action (RSI = 49.129, STOCH = 50.169, ADX = 27.402, MACD = -0.001, Highs/Lows = 0.000) is on optimal buy levels. The 1D RSI has bounced already off 26.000 (oversold) and the Death Cross is emerging which last time marked the bottom. We are bullish on USDSGD with 1.38000 - 1.38300 the Target Zone.





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