Forex - Chart USD/SGD Update: Chopping around 1.3602; bottom pattern still taking shape


 12:30 (GMT) 18 Nov

  [Forex Charts]

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Chart USD/SGD Update: Chopping around 1.3602; bottom pattern still taking shape (0101-PZBK-C01)

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Asterisk denotes strength of level

12:30 GMT - Taking more time to chop around the key 1.3602 level, but still looks to be holding for now. A possible inverted head-and-shoulders bottom continues to take shape for now despite the lack of any new bounce momentum. We are still thinking that the mkt could soon take another shot at trying to extend up to the 200-day MA at 1.3663.


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