Singapore Dollar Hit All Time High against Malaysian Ringgit!

SGD / MYR has broken the recent resistance Ascending Triangle at about 3.1452 and moving towards 3.2418 (161.8% Fibonacci Expansion Target), after finding a support at 61.8% Fibonacci Retracement Level at 3.0855.

  • Trend: Up
  • 1st Price Target = 3.20 (Price target after breaking out from Ascending Triangle)
  • 2nd Price Target = 3.2418 (161.8% Fibonacci Expansion Target)

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