美元/新加坡元

USDSGD time for consolidation

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USDSGD had rebounded at previous trendline and at the 0.382 of previous up-move. There also seems to be a clear 5 waves down that has completed, so I am expecting more consolidation for the time being.

This update comes a bit late, as taking profit once the above happened would have been ideal. Traders who are still in the position can shift their stop losses closer to trail.

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