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Thread: Usd/sgd analysis

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    Default Usd/sgd analysis

    Looking at the USD/SGD pair for 1 hour it is noticeable that it is gaining some pips at the price level of 1.3695 Should there be a continuous appreciation in the price, the next resistance level will be 1.3725 with the next support level at 1.3690.

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    Leverage plays a vital role in trading so whatever happens, try to lower your trading leverage. The higher the leverage is, the higher the risk is. FXOpulence brokers allows traders with a whopping 1:500 leverage and both ECN and classic account types.

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