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ForecastCity
Aug 21, 2020 4:40 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 (1.367). 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 below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 44.

Take Profits:
TP1= @ 1.3786
TP2= @ 1.3916
TP3= @ 1.4087
TP4= @ 1.4260
TP5= @ 1.4547

SL= Break below S2

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Comments
Sir_Ray
Thanks man!
ForecastCity
@Sir_Ray, We're happy to help! 💙
Best_Forecast
Excellent! as always!

I was thinking the same, hoping for a retracement.

Thank You for sharing! ❤️
ForecastCity
@Alexander_007, Our pleasure!Thank you for your comment.
yusufipek1989
Thanks for these posts. Very helpful.
ForecastCity
@yusufipek1989, We're happy to help! 💙
Josef_anderson
Good job!
ForecastCity
@Josef_anderson, Thank you! We appreciate your comment.🙏
Kamryn
Thank you for sharing
ForecastCity
@Kamryn, We're happy to help! 💙
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