Exchange Rate: USDSGD

Today is 1 of the better rate to change USD to SGD. On the daily-chart(left) candle did break and close above the resistance line(red line), although the next bearish candle came down and close below we had an indecision candle that typically I place it as a potential reversal candle.

On the weekly-chart(right) is a Head&Shoulder setup, yes a potential of heading up to 1.4325 but this could take months. Look left of the same resistance line, it is well seated at the resistance link, look left, important structure.

So if you are looking to change USDSGD, today is not too bad for you to do that.

Comment:

So if this week you are looking to change USD for SGD, today is a great day for you to do that.