Fri, 18 Oct 2013 15:06:52 GMT
AUD/SGD 1H Chart: Channel Up
After opening with a 30 pips gap on Monday, October 13, AUD/SGD has formed a channel up. Since then the pair has been moving to the north and according to aggregate technical indicators, the trend will persist in the near– and medium– term outlook. Hence, bulls may face strong resistance around 1.1961– Fibonacci retracement and a weekly resistance, while next