USDSGD: Spotted with a triple bottom
USDSGD manages to hold the 27-month ascending trendline.
200MA (weekly) finds between 1.35 and 1.3395.
It has erased the falling channel in the H4 chart.
We forecast a initial rebound to 1.3640 and 1.3690. Settles above 1.37 aims further headroom to 1.3760 and 1.38
The daily RSI and oscillator appear bullish.
200MA (weekly) finds between 1.35 and 1.3395.
It has erased the falling channel in the H4 chart.
We forecast a initial rebound to 1.3640 and 1.3690. Settles above 1.37 aims further headroom to 1.3760 and 1.38
The daily RSI and oscillator appear bullish.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.