BEARISH CONTINUATION ON USDSGD
As we expect the USD to move lower, we look to the USD crosses to see if they're any trading opportunities on the horizon.
USDSGD has been struggling to climb above the highs of 1.3850 and has moved lower. Looking at this market technically we can see the moving averages have crossed bearish and currently the market is rejecting them. A move lower down to the key support of 1.3610 is to be expected.
USDSGD has been struggling to climb above the highs of 1.3850 and has moved lower. Looking at this market technically we can see the moving averages have crossed bearish and currently the market is rejecting them. A move lower down to the key support of 1.3610 is to be expected.