Open trading account 
I detect the possible forming of a weekly Head and Shoulders pattern in Aud/Sgd,
as we can see here on the weekly chart:
Aud/Sgd weekly chart
On the daily chart we see that price action has just broken out of a daily bearish channel
and for the second shoulder on the weekly chart to form
the price will have to fall back inside the channel:
Aud/Sgd daily chart
If the price remains outside the channel down there is still the chance
that the fibonacci expansion area of last move down leads the pair…
as we can see here on the weekly chart:
Aud/Sgd weekly chart
On the daily chart we see that price action has just broken out of a daily bearish channel
and for the second shoulder on the weekly chart to form
the price will have to fall back inside the channel:
Aud/Sgd daily chart
If the price remains outside the channel down there is still the chance
that the fibonacci expansion area of last move down leads the pair…