13.10.2021
The overall trend is upward. The currency pair trades in the range between 365 and 135 moving averages. The breakout of 1.3576 will result in the formation of an ascending wave pattern. On the H4 timeframe, bearish traders touched the upper border of the Ichimoku cloud, and on the D1 timeframe, you can see that a hammer reversal candlestick pattern was formed.
USDSGD rate online: monitor the price movement in real time.
Trading idea:
Buy at the breakout of 1.3576.
Stop Loss: 1.3520.
Target levels: 1.3625; 1.3650.
Thank you for subscribing to our analytics
You already subscribed
Don't have your language?
