US Dollar V Singapore Dollar is in an up trend.
Chart below:
Price has retraced back to the 61.8% Fibonacci Level and is showing divergence between price and the oscillating indicators.
Chart below:
Price has broken up through the averages and I am looking for a long position as detailed below.
Levels and Chart below:
1st Entry: 1.2650
2nd Entry: 1.2640
Averaged Entry: 1.2645
Stop Loss: 1.2610
Target: 1.2820
I will update again should the position be opened.
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