Since this year January spike, CHF was trying to dominate over SGD but fails and formed a range parallel trading for a long time. It is also notable that Swiss franc was expected to slow down whereas Singapore growing fast as one of the best nation in Industry and living. Please find my chart analysis,
Monthly chart:
- After January spike up, there were lot of tries to go up but turned into a doji which shows the upside weakness
- Price action also suggests a contraction in price movement which…
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