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EUR/SGD 4H Chart: Channel Down

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Mar 1, 2016.

  1. Sandra S.

    Sandra S. Forum Member

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    USD/NOK 4H Chart: Channel Up Comment: The outlook on USD/NOK is strongly bullish. Not only has the currency pair formed a high-quality ascending channel, but it has also come into contact with the long-term trend-line that originates back in the second half of 2014. Considering the technical indicators, the near-term outlook is bullish as well. The price is expected to rebound from 8.6730 (weekly PP and 200-period SMA), but the upside potential is to be limited by the upper bound of the

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