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EUR/SGD currency pair analysis

01.08.2022

Market Review


The general trend is downward. Resistance level 1.4127 is holding back the buyers. A reversal pattern "Key level" is forming.

Trading idea:

Sell on a breakout of 1.4103.

Stop-loss for the resistance level 1.4127.

Target levels: 1.4080; 1.4047.

Author: GC
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