Mon, 18 Aug 2014 11:42:07 GMT
EUR/SGD 1H Chart: Channel Down
The EUR/SGD currency pair has formed a very narrow bearish channel pattern, being that the range between and upper and lower trend lines does not exceed 80 pips at the moment. Currently, the pair is moving away from the upper trend line, breaching the daily S1 level at 1.6659. Short-term technical indicators support the fall of the pair and we