OANDA:USDSGD   U.S. Dollar / Singapore Dollar
From a technical and trading perspective the USDSGD has tested a symmetry swing support and the monthly S2, also note sentiment and momentum divergence as highlighted on the chart, buyers have emerged as confirmed with yesterday’s close above the near term Volume Weighted Average Price (VWAP). A continuation today through 1.3650 would be a bullish development and opena move to test symmetry swing resistance towards 1.3750, on the day a breach of 1.36 would negate the bullish bias and suggest a test of 1.3550 before a corrective recovery develops.


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