SGD might be falling soon
I am looking at SGDUSD chart and I can't help but to noticed a recent gap-up followed by a stagnation.
http://sg.finance.yahoo.com/echarts?s=SGDUSD%3DX#symbol=;range=3m;compare=;indicator=bollinger+rsi+stochasticslow+volume;charttype=candlestick;crosshair=on;ohlcvalues=0;logscale=off;source=undefined;
I can't attach the chart right here at this moment but it can be downloaded from the web-page above.
This seems to be a sign of exhaustion and eventually leading to a gap down. So far the indicators are very toppish and should be moving downward soon, so we would probably expect a downturn.
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