USDSGD could be following the pattern seen at start of 2018 and 2019 and could repeat in 2020.
in past 2 years, USDSGD tend to base at year end and go sideways in Q1 before rallying higher over Q2 onwards to Q3..
so if similar pattern is followed, we could see sideways USDSGD in Q1 2020 and higher USDSGD in 2020 towards 1.3650 first and then 1.38-1.39 potentially.
in past 2 years, USDSGD tend to base at year end and go sideways in Q1 before rallying higher over Q2 onwards to Q3..
so if similar pattern is followed, we could see sideways USDSGD in Q1 2020 and higher USDSGD in 2020 towards 1.3650 first and then 1.38-1.39 potentially.