Don't miss the great buy opportunity in SGDJPY

9 мая 2020 г.

Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (75.00). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. SGDJPY 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 40.

Take Profits:
TP1= @ 75.65
TP2= @ 76.10
TP3= @ 77.18

SL= Break below S2