Wednesday, December 18, 2013

131219 usdsgd


USDSGD DAILY shows an inverted head and shoulders that has broken out the neckline. Resistance is now at 1.2645. Near term support at 1.2575 targeting 1.2800 for completion of pattern + previous top. Further extension to 1.2920 - 1.2950 on a broader longer term channel possible.

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