Salzworth

Outlook for USDSGD: Bullish breakout to be seen

FOREXCOM:USDSGD   U.S. Dollar / Singapore Dollar
Hi everyone!

USDSGD has been trading sideways as investors await the FOMC meeting, with all eyes on the Fed for their latest view on inflation . On the TA front, USDSGD is currently in a triangle pattern right now and a break above the descending trend line and resistance area at 1.33100 could see a further upside to our next resistance target at 1.34000.
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