Rupiah: Below 10k for Singaporean Dollar? by galerisaham on

SGDIDR is below it’s psychological level of 200 days moving average (MA200). This show that the sell pressure is still intact, and we expect a downtrend move for SGDIDR . As long price still lower than 10440 (MA200) and below 10285 as a neckline of Head & Shoulder pattern, there is a downside risk to hold SGDIDR with downside target at 9765 and 10075 as its minor target price. 

If you would go for holiday to SG , you can wait for a lower SGD for few months ahead, as long it stay below 10285 – 10440. 

#GaleriSaham | Global Market

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