Next move further down to last low as the pair is still looking for a strong support zone. Potential to occur at present time: 75-80%
EUR/SGD is currently in a short term consolidation zone. This is a continuation pattern. As EUR/SGD breaks its current support, it will continue its bearish trend. However, if it fails to break its support and shows strength to retaliate, the move is cancelled until further confirmation.
To ride the wave of EUR shorts, this might be a quick profit to work with. If it breaks 1.151500 which its dancing around currently. It's not a popular pair and SGD in general, so be cautious if entering.