USD/SGD Looking Like a FREEfall

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USD/SGD In a FREEfall!

The Singapore Dollar has historically served as a speculative investment haven for traders, as Singapore has had relatively high interest rates, higher growth rates, fewer capital controls, and less developed labor markets. This unique combination of traits for the Singapore dollar makes it a particularly appealing investment currency.

Selling is the viable play for today on the USD/SGD as I believe its inability to break above the Major Resistance Zone is weak!