- USD/SGD is currently trading around 1.3517 marks.
- It made intraday high at 1.3540 and low at 1.3514 levels.
- Intraday bias remains slightly bearish till the time pair holds key resistance at 1.3557 mark.
- A daily close above 1.3537 will test key resistances at 1.3581, 1.3602, 1.3672, 1.3720, 1.3770 and 1.3790 marks respectively.
- Alternatively, a consistent close below 1.3537 will drag the parity down towards key supports at 1.3499, 1.3465, 1.3422 and 1.3315 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 1.3525, stop loss at 1.3557 and target of 1.3465/1.3422.


FxWirePro: GBP/USD steadies ahead key data, BoE event risk
FxWirePro: USD/CNY outlook weaker on renewed downside pressure
FxWirePro: NZD/USD downside pressure builds, key support level in focus
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
FxWirePro: AUD/USD dips on soft China data
NZD/JPY: Bearish Momentum Builds — Sell the Rallies Below 90.90 for a Slide Toward 88.00
FxWirePro- Major Pair levels and bias summary
Yen Power Play: AUDJPY Crumbles Below 103.70 Resistance
FxWirePro: GBP/NZD firms as RBNZ pushes back on rate hike prospects
EUR/JPY Retreats: Yen Strength Caps Rally, Bearish Bias Intact Below 183.15
FxWirePro: NZD/USD weakens as RBNZ quashes rate hike talk
ETHUSD Dips Below $3000 on BOJ Rate Hike Fears: Buy the Dip at $2700, Targeting $4000?
FxWirePro: USD/CAD pauses decline,critical support lies ahead
FxWirePro- Major European Indices
FxWirePro: USD/JPY dips as yen strengthens ahead of BOJ policy meeting
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/JPY slips as yen gains ahead of BOJ meet 



