USDSGD - Bullish - Descending right angled broadening

147
With the recent big financial assistance package and the recent news of possible recession in coming quarters, through the economic cycle, the SGD may be weakening to overcome potential inflation rise. If this is true, then this formation of possible right angled TA may become bullish in time to come. Potential target is shown. What do you think?

Feel free to share your thoughts comments box. Note: This is not financial or investment advise. It will be good to always understand the risks involve in trading. Always trade with stop loss in place. Thumbs up if u like the analysis :)

면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.