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EUR/AUD 1H Chart: Channel Down

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Mar 29, 2016.

  1. Sandra S.

    Sandra S. Forum Member

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    EUR/SGD 1H Chart: Channel Up Comment: EUR/SGD is set for a rally. The currency has recently broken through the seven-week falling resistance line and has managed to form a high-quality a bullish channel, meaning the Euro is to keep outperforming the Singapore Dollar. The exchange rate is expected to bounce off of support at 1.53 and challenge the upper boundary of the pattern before the week’s end. In the longer-term perspective, EUR/SGD is to aim for 1.5430, namely the March 16 low. In the

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