USDSGD 9 JAN 2023 on the daily timeframe, this pair looks successful in reversing the trend at the beginning of this month. Successfully continuing the bullish trend that has been initiated this pair continues to strengthen towards S1. If referring to stochastic it appears that the chart is declining due to overbought, if this continues then go-short can be an option for traders. But if this pair is able to maintain the bullishness that is continuing and continues to strengthen then go-long is an option. Keep an eye on market movements and consider all possibilities before making trading decisions.
