MMFXSignals

USDSGD FORMING BEARISH 123 PATTERN

Short
OANDA:USDSGD   U.S. Dollar / Singapore Dollar
Strong bearish wave (A) occured ended at level 1.3443
then price is pullback for retesting strong supply zone at level 1.3514
Price is rejected from 61.8% fibonacci level from bearish wave (A)
Pair broke corrective uptrendline after forming corrective bullish wave (B)
Now USDSGD is below Moving Average 100
MACD shows bearish momentum
We r waiting for breaking the support level @ 1.3490 for short trade
It's expected for coming bearish wave (C) targeting level 1.3397




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