InvestingScope

USDSGD: Long term Buy opportunity.

Long
OANDA:USDSGD   DOLLAR AMÉRICAIN / DOLLAR DE SINGAPOUR
The pair is on Higher Lows since February and as illustrated by the neutral 1M technical action (RSI = 49.129, STOCH = 50.169, ADX = 27.402, MACD = -0.001, Highs/Lows = 0.000) is on optimal buy levels. The 1D RSI has bounced already off 26.000 (oversold) and the Death Cross is emerging which last time marked the bottom. We are bullish on USDSGD with 1.38000 - 1.38300 the Target Zone.





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