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CHF/SGD 4H Chart: Triangle

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Jan 21, 2016.

  1. Sandra S.

    Sandra S. Forum Member

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    AUD/JPY 1H Chart: Channel Down Comment: The outlook on AUD/JPY is bearish both in the short and long terms. The pair has recently confirmed the 200-hour SMA and the upper boundary of the channel at 81.76, and now the rate is moving towards the lower trend-line at 78.79. The negative bias is also confirmed by the technical indicators that are sending ‘sell’ signals in the four-hour and daily timeframes. At the same time, the distribution between the bulls and bears in the SWFX market is heavily

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