Key price levels : 0.98298 1.0029 1.02293

Weekly Charts pattern : resistance line , W1 Chart.

Weekly Vision

AUD/SGD is moving in a downtrend channel pattern dynamics . The chart analysis bearish trend can be supported by the Hidden Markov Models Analysis, the RSI momentum indicator. The Oil forecast and the China Economy release support the regime. The resistance line of the channel at 1.02293.

Daily Vision

The D1 scale indicates that AUD/SGD is in a trendless pattern. The crossing of the resistance lines can lead to a possible bullish dynamics. As indicated in fig 2, the pattern forecast is indicated between the support line and the bearish line of the channel. The support is evaluated with HMM at 0.98298. The Hidden Markov Model and the RSI are coherent with the bearish bias.

Figure 1 describes in a W1 the trendlines with the key price levels.

Figure 2 exhibits the hypothetical path and the forecast value
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