Swiss Franc/Singapore Dollar

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Swiss Franc/Singapore Dollar discussion


SGDCHF Update: TP hit!

SGDCHF Sell position. TP = 0.66288

CHFSGD The outlook for CHFSGD next week is mixed with Trading Economics forecasts the currency to be priced at 1.50403 by the end of this quarter, while munafasutra.com predicts a flat line with price targets of 1.53 on the downside and 1.54 on the upside.

According to the SMC approach, the current trend in CHFSGD is weakening, but the price is still above an important level of 1.51. As long as the price remains above this level, the uptrend might continue. However, if the price breaks below 1.51, it could signal a reversal to the downside.
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CHFSGD Long Term Sell as a swing trader
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