us2-1024x404USD/SGD (H4): Upward Channel Lower Limit

Forecast: Rebounding from support and channel lower limit, targeting 1.3630

Alternative Scenario: Breaking below the upward channel

Comments: Price moves in bullish regression channel since January

Payout: CALL @ 1.35639 à 73% return expiring at 10:00GMT

US_chart 25.02

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Member and editor of Finance Magnates - the biggest FX, and binary options B2B website. A graduate of the University of Economics in Krakow, active publicist since 2012. Technical analysis is always more important to him than the fundamentals – however, he does not reject the importance of macro data. As he assumes that, the simpler the better, he is a strong fan of Price Action trading strategy and Fibonacci retracements.