For those buying goods from US and paying in US$, this is the best time. Basically, we need less SGD to get the same USD value compared to the past.
So , if you are going to US for travel as well, you get more bang out of your US$ currency too.
Take advantage , it won't be here for long .....
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OMG!!! I063 pips in less than a week of patient waiting........
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3 weeks later, it gets better, now it breaks below the 618 FIB level. I expect a pull back in these 2 weeks. Monitoring closely
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This is crucial ! The price has slightly breached the 618 FIB level, it went to a low of 1.30179 before retracing higher to current price. Last closing candle is a nice bullish hammer and we suspect price may goes up higher from here. Let's revisit the chart in a few weeks time.
thanks for dropping by. I am sorry, I do not have a crystal ball. It depends on your objective of buying really.
If you are in for the long term, then you can afford to wait for the price to come up slowly. The day chart shows a price range of 1.31579 to 1.32733 as the price zone to buy. This is the 618 FIB level. However, as I said before, the FIB level is a guide not precise point of price entry to buy or sell.