Hi Traders,
The USDSGD reached the predicted target area - between the blue horizontal lines in the daily chart - and started the last rally that should take it up to the area 1.4002-1.4205 (see monthly chart)
Check the pair of horizontal blue lines in the monthly chart and in the weekly chart to visually identify the new target areas.
TARGETS
likely: 1.3993
possibly: 1.4048 - 1.4103
maybe: 1.4223
ELLIOTT WAVES
The daily and the 4-hour charts display clearly that the wave 4 is fully formed. It should be followed by a rally named wave 5 that should take the USDSGD to the targets above indicated.
monthly chart - click to enlarge
weekly chart - click to enlarge
daily chart - click to enlarge
4-hour chart - click to enlarge
1-hour chart - click to enlarge
The USDSGD reached the predicted target area - between the blue horizontal lines in the daily chart - and started the last rally that should take it up to the area 1.4002-1.4205 (see monthly chart)
Check the pair of horizontal blue lines in the monthly chart and in the weekly chart to visually identify the new target areas.
TARGETS
likely: 1.3993
possibly: 1.4048 - 1.4103
maybe: 1.4223
ELLIOTT WAVES
The daily and the 4-hour charts display clearly that the wave 4 is fully formed. It should be followed by a rally named wave 5 that should take the USDSGD to the targets above indicated.
monthly chart - click to enlarge
weekly chart - click to enlarge
daily chart - click to enlarge
4-hour chart - click to enlarge
1-hour chart - click to enlarge
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