USD/SGD gaining upside traction

USD/SGD declines over recent weeks appear to have been temporarily stalled in the face of a bullish development.

The MACD line is tracing higher lows, when compared to recent sessions. Meanwhile, the meandering of the price structure is carving lower lows, which should give strong indication that we have seen the bottom on this pair for the time being.

United States Business Inventories came in at 0.7%, above forecasts (0.3%) in November

United States Business Inventories came in at 0.7%, above forecasts (0.3%) in November
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USD/SGD gaining upside traction

USD/SGD gaining upside traction
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