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FxWirePro: GBP/NZD remains buoyant, looks to extend gains 
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FxWirePro- Woodies Pivot(Major) 
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FxWirePro: GBP/USD outlook weaker on renewed downside pressure 
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- USD/SGD is currently trading around 1.3590 marks.
- It made intraday high at 1.3614 and low at 1.3588 levels.
- Intraday bias remains bearish for the moment.
- A daily close above 1.3615 will test key resistances at 1.3638, 1.3680, 1.3760, 1.3813, 1.3854 and 1.3945 marks respectively.
- Alternatively, a consistent close below 1.3562 will drag the parity down towards key supports at 1.3512, 1.3454, 1.3388 and 1.3320 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 1.3595, stop loss at 1.3615 and target of 1.3512.
