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CAD/CHF 1H Chart: Falling Wedge

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Dec 14, 2015.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    EUR/SGD 1H Chart: Channel Up Comment: EUR/SGD appears to be in a good position to rebound. The currency pair is approaching the lower boundary of the channel it has recently formed, which is also reinforced by the weekly PP. At the same time, most of the four-hour and daily technical indicators are pointing upwards. Moreover, the Euro is oversold in the SWFX market, where 71% of open positions are short. Accordingly, we expect the price to bottom out near 1.5440 and surpass the Dec 11 high at

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