USD/SGD Trading Analysis (13/08/2025)
The trend is up. The pair is trading within the 365-135 EMA range. The downward wave structure is truncated. There is a bullish divergence on the Awesome Oscillator.
Trade idea:
- Buy at the beginning of the formation of the ascending wave structure, when the wave A breaches the sloping channel of the descending truncated structure.
- Stop-loss are 1.2813.
- Price targets are 1.2920 and 1.3000.
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