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Audsgdsell

AUDSGD bounced from support, potential for a further rise! AUDSGD bounced off 0.93027 where it could potentially rise further to 0.93964. *Disclaimer.* Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Long
by Pepperstone
AUD/SGD - 100 Pips+ Short OpportunityAs long as the 50 ema on the 3 hour timeframe holds as resistence, this move is active. As soon as the current support line is broken, we can expect this to fall At the moment being, it is looking more prominent to fall down as it's been in a consolidation for a few days and the long term trend is still bearish (daily and weekly). If it does make a pullback up, then we can long it 100 pips by planning our entry on the shorter timeframe. Trade safe and don't forget to like if this was helpful! Thanks.
Short
by MoolahMaker