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Weekly forecast US Dollar / Singapore Dollar technical chart
Symbol USDSGD

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Trading suggestion:

  • By appearing primary signs of entering the market, new entry zone and short-term targets would be published.

DateMarch 14, 2020 - 22:48
Currentuptrend
Forecastcontinuation of uptrend

Midterm forecast:

  • 1.39300 is a major support, while this level is not broken, the Midterm wave will be uptrend.

Technical analysis:

  • A trough is formed in daily chart at 1.3749 on 03/06/2020, so more gains to resistance(s) 1.4215, 1.4410, 1.4535 and more heights is expected.
  • Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
  • Relative strength index (RSI) is 74.

Supports and Resistances:

  1. 1.3930
  2. 1.3845
  3. 1.3780
  4. 1.3715
  5. 1.3665
  6. 1.3600
  7. 1.3330
  8. 1.3240
  9. 1.3100
Click on the level to view price action history.