Fri, 27 Jun 2014 12:11:07 GMT
CHF/SGD 1H Chart: Rising Wedge
CHF/SGD has been trending upwards since the mid-June, when it bottomed out at 1.3850. However, now there appear signs the current rally may soon come to an end, since the currency pair is forming a rising wedge. But it could be argued that CHF/SGD is forming an ascending triangle instead of a reversal pattern. This will be finally determined where