Wed, 01 Feb 2017 12:13:30 GMT
SGD/JPY 4H Chart: Channel Down
The situation on the four hour chart for the Singapore Dollar against the Japanese Yen is hard to understand at first glance. However, after deeper analysis one should understand that there are three simultaneously active channels, and among them dominates a descending channel. In addition, the currency exchange rate is highly influenced by the Fibonacci retracement levels, which are measured