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SGD/JPY prediction 1st of July

Weekly chart:
On the weekly chart i pointed out the main trendlines.
As you can see the price reacted with high bearish momentum after the price touched the trenline last time, for this reason i expect the price to move lower.
Daily chart:
On the daily chart i draw the possible scenario considering also supportzones which may affect the price.
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Shuael avatar
Shuael 30 Giu

Update: The price hit my target, thx to the Brexit, but it's now retracing , let's see what will happen tomorrow.

Shuael avatar
Shuael 1 Lug

Update: Price started to move slowly down, let's see where it will end up in 20 min

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SGD/JPY up to 91.144

General:
The pair is in a general up trend but it had a retracement down, now , i think, it will go again up, if the price wont break the rendline as shown on the weekly chart:
Expected rate of the pair for 1st of April: 91.144
Support: 86.407
Resistence: 91.144
On the weekly chart:
On the weekly chart i just pointed out the main up trend and the trendlines i was talking about
On the daily chart:
On the daily chart i draw the possible scenario. As you can see i also pointed out the support lev…
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VictoriaVika avatar

Good luck

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