USD/SGD, USD/MYR, USD/IDR, USD/PHP – Speaking Factors
- US Dollar trying key technical pushes in opposition to ASEAN FX
- USD/SGD, USD/MYR and USD/IDR may lengthen their good points
- USD/PHP buying and selling cautiously larger, confining to rising channel
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USD/SGD Technical Outlook
The Singapore Greenback might weaken in opposition to the US Greenback after USD/SGD confirmed an upside breakout by means of the Falling Wedge. It is a bullish chart sample the may precede a reversal of the dominant downtrend. A day by day shut above 1.3657 opens the door to testing the following psychological barrier (1.3707 – 1.3724). Progress in US-China trade talks however may provide draw back momentum in the direction of 1.3596.
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