USDSGD broke downtrendline
then rebounded from demand zone at level 1.4132
Pair is in uptrend and above SMA 100
Price is based above HVN at level 1.4166 which indicates that pair is in accumulation phase
MACD shows bullish momentum
It's expected for opening long trade after exceeding resistance level at 1.4210
to target supply zone near level 1.4414
then rebounded from demand zone at level 1.4132
Pair is in uptrend and above SMA 100
Price is based above HVN at level 1.4166 which indicates that pair is in accumulation phase
MACD shows bullish momentum
It's expected for opening long trade after exceeding resistance level at 1.4210
to target supply zone near level 1.4414
Trade active
Hit TP1 +27 pips
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.