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USD/SGD Analysis Today - 12/11: Rocket Reversal (Chart)
(MENAFN- Daily Forex) The USD/SGD returned to highs in early trading this morning which were seen last Wednesday following the results of the U.S election, short-term speculators will need to take a deep breath.
And mid-term outlook is likely quite nervous in the USD/SGD, which is causing short-term volatility.
Speculators may want to look at current support ratios as a place to look for quick hitting moves higher, but choppy conditions in the near-term will likely spark plenty of reversals Dollar Short Term Outlook:Current Resistance: 1.33670Current Support: 1.33570High Target: 1.33775Low Target: 1.33435EURUSD Chart by TradingViewReady to trade our
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- The USD/SGD is near the 1.33630 mark as of this writing with lightning quick price changes being seen.
- The currency pair in early trading this morning has climbed to heights it traversed after the election of Donald Trump as President-elect became clear last Wednesday morning.
- The return to the highest part of the USD/SGD has a couple of factors that should be taken into account. The USD/SGD is trading near highs seen in the second week of August.
And mid-term outlook is likely quite nervous in the USD/SGD, which is causing short-term volatility.
Speculators may want to look at current support ratios as a place to look for quick hitting moves higher, but choppy conditions in the near-term will likely spark plenty of reversals Dollar Short Term Outlook:Current Resistance: 1.33670Current Support: 1.33570High Target: 1.33775Low Target: 1.33435EURUSD Chart by TradingViewReady to trade our
daily forex forecast ? Here are the
best forex platforms in Singapore
to choose from.

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