- USD/SGD is currently trading around 1.3564 marks.
- It made intraday high at 1.3585 and low at 1.3555 levels.
- Intraday bias remains slightly bearish for the moment.
- A daily close above 1.3580 will test key resistances at 1.3692, 1.3745, 1.3788, 1.3854 and 1.3905 levels respectively.
- Alternatively, a consistent close below 1.3580 will drag the parity down towards key support at 1.3551/1.3502/1.3430/1.3390 levels respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart. Current downside movement is short term trend correction only.
We prefer to take short position on USD/SGD around 1.3568, stop loss at 1.3600 and target of 1.3502.


FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CAD extends decline on broad dollar weakness
FxWirePro: USD/ZAR recovers slightly but trend is still bearish
NZDJPY Bulls Charge Toward 95.00: Safe-Haven Exodus Drives Kiwi Rally
FxWirePro:NZD/USD uptrend loses momentum but bullish setup remains
FxWirePro: USD/JPY holding bid into weekend
FxWirePro: EUR/AUD downtrend loses steam but outlook still bearish
FxWirePro: GBP/USD biased higher but rally currently stretched
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary
Ethereum Consolidates: Bullish Technicals Point to a Potential $3,000 Breakout
FxWirePro: USD/ZAR edges lower ,investors remain on edge
FxWirePro: USD/CAD recovers slightly but bearish outlook persists
Euro Holds the Line: EURUSD Finds Support at the 365-EMA as Peace Talks Loom
FxWirePro: GBP/AUD positions for another drop, eyes 1.8900level 



