AUD/SGD may rise to 0.9250 - 0.9330

0.8920 is our pivot point.

Our preference

As long as 0.8920 is support look for 0.9330.

Alternative scenario

The downside breakout of 0.8920 would call for 0.8780 and 0.8700.

Comment

The RSI is above 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 0.9043 and 0.8986).

Supports and resistances

0.9500 **

0.9410 *

0.9330 **

0.9250

0.9056 last

0.8970

0.8920 **

0.8780 *

0.8700 **

Number of asterisks represents the strength of support and resistance levels.