Just as we
analyzed it last week, the US Dollar versus the Singaporean Dollar continued
dropping and reached its 200 Day exponential moving average, a little bit above
the key support level of 1.3242. Apparently the price is stalling at that area
and it is possible to see a bounce to the upside for the next couple of days.
However, the 1.3417 level could become a good resistance from where the pair
may stop its bullish bounce.
This pair is actually very interesting to trade.
ReplyDeleteGreat review of trade.
ReplyDeleteIt could be at a good turning point.
ReplyDeleteCongratulations for your accurate predictions.
ReplyDeleteGreat analysis, thanks!
ReplyDeleteGreat analysis.
ReplyDeleteVery useful analysis, thank you.
ReplyDeleteVery good post. Thank you very much!
ReplyDelete