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AlphaTradingStation

Trading AUDSGD: Consider Long Entry at Support Level

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Australian Dollar / Singapore Dollar (FOREXCOM:AUDSGD)  
AlphaTradingStation  
FOREXCOM:AUDSGD   Australian Dollar / Singapore Dollar
Trend Analysis Support and Resistance AUDSGD fourhourchart downtrend shortposition longentry bottom swingtrading alphatradingstation
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trendanalysis supportandresistance audsgd fourhourchart downtrend shortposition longentry bottom swingtrading alphatradingstation
In the four-hour candlestick chart, AUDSGD is currently trending downwards. It's risky to short now as it has reached the bottom level. Taking a long position at this support level is a better option.

But remember that, this support area is slightly tested.
Long entry: 0.88641
Stop loss: 0.88002
Target: 0.90603

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Alpha Trading Station

Disclaimer: This view is for educational purpose only & any stock mentioned here should not be taken as a trading/investing advice. We may or may not have position in the stocks mentioned here. Please consult your financial advisor before investing. Because Price is the "King of Market
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