ForecastCity
Long

Don't miss the great buy opportunity in USDSGD

OANDA:USDSGD   U.S. Dollar / Singapore Dollar
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.4162). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. USDSGD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 65.

Take Profits:
TP1= @ 1.4300
TP2= @ 1.4402
TP3= @ 1.4635

SL= Break below S2
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Comments

Hey @ForecastCity you are one of the few I follow on here
+2 Reply
ForecastCity Pro_Trader_007
@Pro_Trader_007, It's our pleasure.
+1 Reply
Your analysis is very accurate.
+2 Reply
ForecastCity Shiva_forex
@Shiva_forex, Thanks. we're glad you found it accurate. 🙏
+1 Reply
nice chart
+1 Reply
@Kamryn, Thanks. we're glad you liked it.
Reply
Thanks
+1 Reply
ForecastCity Kristalyn
@Kristalyn, You're welcome! 🙏 we hope you enjoy it.
Reply
I won't miss it for sure. I agree e with your idea. I think it's a good opportunity in USDSGD. 👍👍👍
+1 Reply
@fxniki, Great! thanks for your comment.
Reply
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