Fri, 23 Jan 2015 14:17:45 GMT
USD/SGD 4H Chart: Broadening Rising Wedge
Without reaching the lower trend-line of the current rising wedge pattern, American dollar began gaining more value again and is now already approaching the 1.35 major level. Additional support is currently provided by a strong demand zone at 1.3450, represented by the monthly and weekly R2. According to market participants (73% bullish on the Greenback), we may see an increase