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ForecastCity
Mar 5, 2021 5:41 PM

It's a great buy opportunity in USDSGD Long

USD/SGDOANDA

Description

Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.3335). 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 above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 75.

Take Profits:
TP1= @ 1.3470
TP2= @ 1.3525
TP3= @ 1.3555
TP4= @ 1.3615
TP5= @ 1.3705

SL= Break below S2

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Comments
Best_Forecast
cool job
Kristalyn
It's very helpful 😊
ForecastCity
@Kristalyn, It's good to know you found it helpful 🌹 Thanks for the comment
Kamryn
Just in time. Cheers 👍
ForecastCity
@Kamryn, Cheers 🌹
Josef_anderson
Thanks for the trading suggestion 👌
ForecastCity
@Josef_anderson, You're welcome 🌹
Sir_Ray
thanks a lot
ForecastCity
@Sir_Ray, Got it 🌹
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