USD/SGD is approaching the 1.2400 level which is an extremely viable support level
as shown on this daily chart
. To go with it is a new bat pattern
with the .886 landing harmonically at this 1.2400 level. I would get in front of it ever so slightly and look for a retest of the 'B' point at 2560s or so. We also are seeing some bullish
momentum divergence which always helps.
Enter: 1.2410 Long
Profit Target: 1.2560
Stop Loss: 1.2315