TrackRecordTrading

Short the EUR against SGD

Long
FOREXCOM:EURSGD   Euro / Singapore Dollar
With EUR strength likely to lead to verbal intervention from the ECB, and the direction of the USD being uncertain for now, EUR/SGD could be the way to express the view of SGD and Asian currency outperformance in the weeks ahead.
EUR/SGD looks set to break below the daily Ichimoku cloud. If 1.5950 breaks decisively, the move can quickly accelerate to test the lows of 1.5500s.

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.