AUDSGD is currently sitting on a solid longstanding 3-year support range. 0.90 price area has been a major order block support and a bounce is expected from the current price range.
Weighty volume accumulation has been spotted this last few days / weeks conveying that a trend turnaround is about to commence. Pricewise, the pair is hovering at 1.0 FIB level -- this is beyond bargain/discount already.
Bubble up volume has been recorded for 2 straight months -- hinting of buyers positioning in anticipation of future upside valuation.
Histogram shift on monthly has been registered after almost 16 months. Last time it did was on March 2022. Trend is about to shift based on the current metrics.
Spotted at 0.900
TAYOR
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