InvestingScope
Short

AUDSGD Channel Down on 1W. Short.

OANDA:AUDSGD   AUD/SGD
AUDSGD is trading near a Lower High on the 1W Channel Down ( RSI = 43.936, MACD = -0.009, B/ BP = -0.0054). 1D remains neutral ( RSI , STOCH , ADX ) and bullish on Highs/Lows = 0.0017 as the price is trading above the intermediate line (blue dots). This suggests that on the long term the downside gap is sizable. Our short TP is 0.99691.
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