AUD/SGD
Long
Updated

AUD/SGD Long

Daily - Strong historical support not broken, currently resting on downtrend resistance turned support. MACD divergence on lower low.

4Hour - Although quite small, double bottom with MACD divergence, price shot up and retraced to double bottom neckline, could be possible support. Also price retraced to fibs 61.8%. It's possible to draw a downtrend line on the 4H chart, but with the MACD divergences, it could mean that the downtrend is coming to an end and price may shoot up even further.
Note
Long @ 0.9244

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