Hello, my dear friends and fellow community members.
USDSGD is making a falling wedge. A falling wedge is a bullish pattern. An interesting fact is that the apex of the wedge is at the weekly horizontal support line at 1.3153. If this support holds then the price will pierce through the wedge resistance and take the price back to 1.3378 levels.
Let me know by commenting that what you feel about this setup.
Happy trading to all.
USDSGD is making a falling wedge. A falling wedge is a bullish pattern. An interesting fact is that the apex of the wedge is at the weekly horizontal support line at 1.3153. If this support holds then the price will pierce through the wedge resistance and take the price back to 1.3378 levels.

Let me know by commenting that what you feel about this setup.
Happy trading to all.

