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Chf/Sgd is on its way down to the lower border of a closing bullish wedge pattern
as we can see on the monthly chart, first:
Chf/Sgd monthly chart
On the weekly chart I have put in the fibonacci retracement levels of the last move up
and we can see that the 76.4% retracement level has held the price from going lower
and we see that the price has bounced;
this level should now be retested, because the price action is bearish at the moment
Chf/Sgd weekly chart
On …
as we can see on the monthly chart, first:
Chf/Sgd monthly chart
On the weekly chart I have put in the fibonacci retracement levels of the last move up
and we can see that the 76.4% retracement level has held the price from going lower
and we see that the price has bounced;
this level should now be retested, because the price action is bearish at the moment
Chf/Sgd weekly chart
On …