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ForecastCity
Apr 29, 2021 6:40 PM

💡Don't miss the great buy opportunity in USDSGD Long

USD/SGDOANDA

Description


Trading suggestion:

". There is a possibility of temporary retracement to suggested support line (1.3246).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:

. USDSGD is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 53.

Take Profits:

TP1= @ 1.3276
TP2= @ 1.3307
TP3= @ 1.3330
TP4= @ 1.3350
TP5= @ 1.3377

SL= Break below S2

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Comments
Megan_forex
Good job! Clean analysis.
carefulOwl22772
I really appreciate your help. Thank you.
DenizKilicDeniz
Your charts are done to a very high standard!
Mesutkashmar
I like the excellent analysis.
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