"So far, that's not expected to happen until 2024," Debelle added. - If we didn't provide stimulus, we would get a much stronger currency appreciation."
AUD/USD, 30 min
Pivot: 0.7612
Analysis:
Provided that the currency pair is traded above 0.7580, follow the recommendations below:
- Time frame: 30 min
- Recommendation: long position
- Entry point: 0.7612
- Take Profit 1: 0.7655
- Take Profit 2: 0.7680
Alternative scenario:
In case of breakdown of the level 0.7580, follow the recommendations below:
- Time frame: 30 min
- Recommendation: short position
- Entry point: 0.7580
- Take Profit 1: 0.7560
- Take Profit 2: 0.7540
Comment:
RSI shows the possibility of ascending momentum during the day.
Key levels:
Resistance Support
0.7700 0.7580
0.7680 0.7560
0.7655 0.7540
AUD/USD, D1
Pivot: 0.7599
Analysis:
While the price is below 0.7830, follow the recommendations below:
- Time frame: D1
- Recommendation: short position
- Entry point: 0.7599
- Take Profit 1: 0.7500
- Take Profit 2: 0.7370
Alternative scenario:
If the level 0.7830 is broken-out, follow the recommendations below.
- Time frame: D1
- Recommendation: long position
- Entry point: 0.7830
- Take Profit 1: 0.8000
- Take Profit 2: 0.8085
Comment:
RSI shows a bearish sentiment.
Key levels:
Resistance Support
0.8085 0.7500
0.8000 0.7370
0.7830 0.7210
GBP/SGD Forecast Fundamental Analysis | British Pound / Singapore Dollar
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