U.S. Dollar / Singapore Dollar

Short

USDSGD

Updated

False break of a key resistance zone (see daily chart).

Shorted per parameters in chart.
TP1 per chart (half position).

Note

Change in plan - manually closed half position at 1.4285, as MAS ease SGD by going 'zero slope' and lower mid-point of policy band.
Remaining position - SL moved to above the high of 27 March.

Trade closed: stop reached

Trailing SL hit.
Overall: +1R

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