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KeytoMarkets

USDSGD: Spotted with a triple bottom

Long
U.S. Dollar / Singapore Dollar (FX_IDC:USDSGD)  
KeytoMarkets  
FX_IDC:USDSGD   U.S. Dollar / Singapore Dollar
Chart Patterns
3
0
chartpattern
USDSGD manages to hold the 27-month ascending trendline.
200MA (weekly) finds between 1.35 and 1.3395.
It has erased the falling channel in the H4 chart.
We forecast a initial rebound to 1.3640 and 1.3690. Settles above 1.37 aims further headroom to 1.3760 and 1.38
The daily RSI and oscillator appear bullish.
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