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EUR/NOK 4H Chart: Rectangle

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Dec 21, 2015.

  1. Sandra S.

    Sandra S. Forum Member

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    USD/SGD 1H Chart: Channel Up Comment: The exchange rate might fall some 20 pips more from the current level, but USD/SGD is soon expected to start a recovery. The immediate support is represented by the 200-hour SMA at 1.41, while the bullish outlook is ensured by the rising trend-line at 1.4075. From there the price will be in a good position to go after the upper boundary of the channel at 1.4270, where supply is also implied by the November high. However, there are notable arguments against

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