- USD/SGD is currently trading around 1.3086 marks.
- It made intraday high at 1.3097 and low at 1.3085 levels.
- Intraday bias remains bearish till the time pair holds key resistance at 1.3120 mark.
- A daily close above 1.3092 will test key resistances at 1.3120, 1.3170, 1.3202, 1.3285, 1.3340, 1.3438 and 1.3532 levels respectively.
- Alternatively, a consistent close below 1.3092 will drag the parity down towards key support at 1.3052/1.3005/1.2855/1.2754 levels respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
We prefer to take short position on USD/SGD around 1.3090, stop loss at 1.3120 and target of 1.3052/1.3005.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invests


FxWirePro: GBP/AUD gains some upside momentum but still bearish
FxWirePro: USD/ZAR gives up early gains as market volatility spikes
FxWirePro: USD/CAD recovers slightly but bearish outlook persists
AUD/JPY Outlook: Bullish Trend Intact Despite US-Iran Diplomatic Stalls
FxWirePro- Major European Indices
FxWirePro: USD/ZAR recovers slightly but trend is still bearish
FxWirePro: USD/CNY partially recovers early session losses
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major European indices
FxWirePro: USD/JPY edged higher as dollar gains as peace talks falter
FxWirePro- Major Pair levels and bias summary
Ethereum Consolidates: Bullish Technicals Point to a Potential $3,000 Breakout
FxWirePro- Woodies Pivot(Major)
Energy Surge Ignites US Inflation: USDCHF Eyes Support Amid Dollar Sell-Off
FxWirePro: GBP/USD biased higher but rally currently stretched
FxWirePro- Major Pair levels and bias summary 



