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ANALYSIS
The USDSGD (now at 1.3812) started a rally up. If this is the beginning of major wave five - see monthly chart - it could reach the area 1.464-1.473.
ANALYSIS
The USDSGD (now at 1.3812) started a rally up. If this is the beginning of major wave five - see monthly chart - it could reach the area 1.464-1.473.
ELLIOTT WAVES
Even if the monthly chart displays five waves up, the latter might not be finished. The weekly chart and the daily chart reveal that the this major wave still miss the last wave up.
The 4-hour chart and the 1-hour chart show that all the waves down are in place and the last wave up just started over.
Monthly Chart - Click to enlarge
Weekly Chart - Click to enlarge
Daily Chart - Click to enlarge
4-hour Chart - Click to enlarge
1-hour Chart - Click to enlarge
