T3-Consultancy

23 June: USDSGD bullish play seen

Long
FOREXCOM:USDSGD   U.S. Dollar / Singapore Dollar
Hi everyone!

USDSGD is pulling back to its ascending trend line, in line with the 78.6% retracement which presents an opportunity to play the bounce here. Our stop loss is placed slightly below the previous low and take profit targets at -27.2% and -61.8% retracement respectively. What are your thoughts on USDSGD?
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