USDSGD Analysis dated 30 Apr 16

USDSGD Daily Chart
USDSGD Daily Chart

Comments: USDSGD just bounce off from daily demand. It was the area where price previously it did a double bottom reversal, followed by retracement and bounce off.  It is good is price and overcome the most recent two highs price. The most recent candle shows potential pinbar. However, with all that said, the trend is still down for daily chart. So it would be good to wait for price to remove the 2 x black circle (highs).

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