ForecastCity_World

💡Don't miss the great sell opportunity in AUDSGD

Short
OANDA:AUDSGD   AUD/SGD


Trading suggestion:
. There is still a possibility of temporary retracement to the suggested resistance line (1.0399).
if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. AUDSGD is in a range bound, and the beginning of a downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 34

Take Profits:
TP1= @ 1.0285
TP2= @ 1.0261
TP3= @ 1.0215
TP4= @ 1.0180
TP5= @ 1.0137

SL: Break Above R2

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ForecastCity English Support Team ❤️

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Comments

I agree with you
+2 Reply
@sofi_Morphy, Thanks for your comment
Reply
Thanks for these posts.
+1 Reply
@Mesutkashmar, You're very welcome! We hope you enjoy it.
Reply
Great analysis, thanks for sharing 😊
+1 Reply
ForecastCity_World financialflagship
@financialflagship, You're very welcome! We hope you enjoy it.
Reply
such great job over here

thanks for sharing
+1 Reply
@MMBTtrader, You're very welcome! We hope you enjoy it.
Reply
Good call. Nice setup
+1 Reply
@Lizabet, Thank you. We appreciate your support
Reply