I am a noobie in trading. I am interested in Forex as a start to my trading. I have been looking at SGD/JPY rates for the last weeks as I am travelling to Japan end of March.
My question is when do I buy my JPYs. I added the resistance and support line on the chart above. My first thought is that the up trend maybe turning . Maybe I should buy it soon before the SGD weakens further. Would love to hear some of the more knowledgable traders here
Dr . Espinha
I open a position and I am looking at reaching SGD-JPY at 79.000
Any one thinks otherwise?