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Weekly forecast Swiss Franc / Singapore Dollar technical chart
Symbol CHFSGD

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Trading suggestion:

  • By appearing primary signs of entering the market, new entry zone and short-term targets would be published.

DateMarch 14, 2020 - 21:34
Currentuptrend
Forecastresumption of uptrend

Midterm forecast:

  • 1.45850 is a major support, while this level is not broken, the Midterm wave will be uptrend.

Technical analysis:

  • While the RSI uptrend #1 is not broken, bullish wave in price would continue.
  • A trough is formed in daily chart at 1.4425 on 03/05/2020, so more gains to resistance(s) 1.5220 and more heights is expected.
  • Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
  • Relative strength index (RSI) is 78.

Supports and Resistances:

  1. 1.4165
  2. 1.4045
  3. 1.3970
  4. 1.3880
  5. 1.3750
  6. 1.3590
  7. 1.3400
  8. 1.3265
Click on the level to view price action history.

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