The AUDSGD has been in the recent uptrend for some time and 1.048 is the bottom of a previous . The ultimate high is a little higher at 1.0516 but it seems like price is already finding supply.
We haven't broken the 20 in 10 days and the uptrend shows a strong structure. The divergence is also adding confluence here. The BB spike didn't happen and price even failed to reach the outer BB. We had some type of reversal pattern: large candle, , large candle.
The only thing missing is the break of the 20 with a strong candle. DON'T enter just yet but wait for the confirmed signal.