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Maverick45
Sep 8, 2019 3:55 PM

USDSGD 4H - Range bound Fakeout followed by Uptrend continuation Long

USD/SGDOANDA

Description

OANDA:USDSGD
Price has been range bound over the last month and has finally moved out of this range and bounced off the 62.5 fib and is just below the 4HR 55EMA/1D 55EMA and Daily Price Pivot (fakeout). Expect a push up back into the range with a move to the upper part of the range.

Long at 1.38 with a target at the top of the range at 1.39.
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