SGDINR is trading in the 50.1 to 53.89 range (shown in the box). It will continue to be range bound until there is a breakout. I anticipate an upside breakout eventually. The target then will be the equivalent to the box height. But the timeline will be much shorter.
NeatTrade
Was in a discussion with one of our students from India asking about how's the outlook on Singapore Dollar (SGD) against Indian Rupee (INR).
Thought would be good to share our outlook for those who are looking at this two currencies as well.
My personal bias is that there is still more upside potential on this pair - meaning we can still expect to see some...
Take care
& analyzed it again
- it`s always your decision ...
(for a bigger picture zoom the chart)
This is only a trading capability - no recommendation !!!
Buying/Selling or even only watching is always your own responsibility ...
more 4XSetUps @ 1482 Major Cross-Rates (741 on both sides) @ my GOOGLE Drive
drive.google.com
Best regards
Aaron
