sgdmyr

SGDMYR, with the brexit and the turmoil all over, we can see the sgdmyr going to much higher places if 3.1 is broken. there is a long standing channel from 1991 on the monthly that could form a top at the completion of the flag.

Fibonacci retracement shows a 38.2% retrace, which is very shallow.

 

 

 

On the 4 hr , any price towards 3.014- 3.000 is good to buy. Could get the price on the early start of the week.

 

 

 

 

I have no position in the sgdmyr and may establish some next week. targets 3.1 - 3.3.