SGDIDR is heading South soon. This August 2020 , we are expecting FX_IDC:SGDIDR to tumble at 10,919.605 area.
For the past two months the prices are compressed tightly. Hopefully before the 17th August Independence Day, IDR will emerge stronger than SGD.
Here is my Trade Opinion :
Sell Limit at 10,919.600
Stop Loss at 11,073.700
Take Profit at 10,072.100
This will give you Risk Reward Ratio of 5.8R
Disclaimer :
Follow the trade call with your own risk appetite, I am not responsible to your losses.
When your trade is on the profit zone, move your Stop Loss at Entry Level.
