USD/SGD Trading Analysis (09/09/2025)
The currency pair is trading within the lower boundary of the flat channel and near the 1.28070 support level. The downward wave structure is truncated. There is bullish divergence on the Awesome Oscillator and an oversold condition on the Stochastic Oscillator.
Trade idea:
- Buy when the ascending wave structure begins to form and wave A breaches the sloping channel of the descending truncated structure.
- Stop-loss at 1.28070.
- Price targets are 1.28600 and 1.29000.
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