Fri, 17 Feb 2017 13:41:14 GMT
CHF/SGD 4H Chart: Channel Up
Although the headline says that the pair is in an ascending channel, the Swiss Franc is preparing to decline against the Singapore Dollar. The reason for that is that not only is the rate in a short term ascending channel, but also in a descending larger scale pattern. To be particular, a decline is expected because the currency exchange rate