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JackBauer007
Apr 10, 2020 7:18 AM

Singapore Dollar Rangebound Long

SINGAPORE DOLLAR / INDIAN RUPEEICE

Description

SGDINR is trading in the 50.1 to 53.89 range (shown in the box). It will continue to be range bound until there is a breakout. I anticipate an upside breakout eventually. The target then will be the equivalent to the box height. But the timeline will be much shorter.

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