nelsyboy

AUD/SGD Idea

Short
OANDA:AUDSGD   AUD/SGD
I normally only show daily charts but the 4hr shows it a bit clearer. I think the buying is done and it's a SELL to at least 0.9050. That is the the FIB 50% retrace from the initial move up that started middle of March. This current move up has hit the 61% FIB from the initial move down on 9th June. It may of course go higher but I think that todays candle will not close above 0.9663. Looking forward to finding out what happens next.
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