On April 21st Singapore launched its first satellite with the help of an Indian launch vehicle.
It should be noted that the near-Earth satellite is completely made in Singapore (by the experts of the Nanyang Technological Institute) and Singapore national military labs called DSO. It should have been launched in 2007 but the launch was delayed without any explanations.
The strengthening of the Singapore Dollar (SGD) is one of the factors that favor the development of Singapore’s space technologies. According to the Department of studying Masterforex-V trading system , the long-term downtrend continues. USDSGD is being traded within the framework of a strong downward wave C of Weekly. The area of 1.22237/83 will act as a strong support level. The currency pair has already come close to it. In order to start a correction movement the currency rate will need to overcome the MF pivot and sloping channel if supported by the AO.
