Pika7993

Analysis off resistance rejection

Short
OANDA:USDSGD   U.S. Dollar / Singapore Dollar
Looking for a pivot at marked resistance for a sell. These levels are 1.33400 and 1.33800.

Look for a clear pivot off these levels for a sell entry. Currently MACD and Signal are above zero lines with potential cross through high volume Histogram bins telling us a retest is in play.

A pivot off one of these rejections will initiate a macd/signal down cross to proceed towards 0 line.

This is a strict analysis. Please comment with thoughts and ideas. Thank you.
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