In the USDSGD currency pair, we are seeing the formation of a continuing triangular pattern, so we expect the price to continue to move down and touch the following targets.
TP1: 1.38322
TP2: 1.37588
TP3: 1.36853
TP4: 1.34584
If the price goes above the triangle, we expect the price to rise to at least 1.40051. But keep in mind that the probability of a price increase is 20%.
The analysis is performed on a daily basis and is long-term.
🔸Signal by Yazdani