raynlim
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Bearish Thoughts on AUDSGD

FX_IDC:AUDSGD   AUSTRALIAN DOLLAR / SINGAPORE DOLLAR
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Got to know a wonderful lady today and we have quite a discussion on AUDSGD . Confession to that, I've never looked at this pair in the past 13yrs of my trading journey.

But a chart is a chart, this is my analysis.

As long as the market didn't break above and close above 1.0600, I see that the first bearish move will hit 1.0144 and the final target for this move at 0.9802. And if the purpose of this information is not use for trading, add additional 1.5% on top of the rate and banks or money changer will be offer the rate not more than 2% of the raw rate.

All the best traders!
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