It's a great buy opportunity in USDSGD

5 мар. 2021 г.

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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