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Weekly forecast Australian Dollar / Singapore Dollar technical chart
Symbol AUDSGD

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Trading suggestion:

  • By appearing primary signs of entering the market, new entry zone and short-term targets would be published.

DateMarch 21, 2020 - 17:16
Currentdowntrend
Forecastcontinuation of downtrend

Midterm forecast:

  • 0.86650 is a major resistance, while this level is not broken, the Midterm wave will be downtrend.

Technical analysis:

  • A peak is formed in daily chart at 0.9225 on 03/09/2020, so more losses to support(s) 0.7960 and more depths is expected.
  • Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
  • Relative strength index (RSI) is 23.

Supports and Resistances:

  1. 1.0225
  2. 1.0060
  3. 0.9805
  4. 0.9715
  5. 0.9595
  6. 0.9445
  7. 0.9345
Click on the level to view price action history.