USDSGD has been on a recent bearish run and many indicators are showing divergences on the shorter time frames.
It does seem to want to test the historical pivot low (1.31576) so could paint lower prices. Patience is required before entering on a confirmation of a bullish trend change/correction as there may be some false starts.
It does seem to want to test the historical pivot low (1.31576) so could paint lower prices. Patience is required before entering on a confirmation of a bullish trend change/correction as there may be some false starts.
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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.