Tuesday, December 22, 2015

AUD/SGD Yet To Be Decided

The faith of this pair is on a crossroad between the north and the south. Currently, AUD/SGD is trading at resistance zone and a clear direction is yet to be defined. 

It is too early to pick a trend so it would be best to wait for clearance once price heads in a certain direction. 

Levels: First support is at 1.01020, second is 1.00176 and third support appears to be 1.00086. 
First resistance is at 1.01835, second is 1.02194 and third resistance appears to be 1.02687.

Chart: AUD/SGD D1 




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