- USD/SGD is currently trading around 1.3538 marks.
- It made intraday high at 1.3573 and low at 1.3530 levels.
- Intraday bias remains bearish till the time pair holds key resistance at 1.3590 mark.
- A daily close above 1.3566 will test key resistances at 1.3590, 1.3692, 1.3745, 1.3788, 1.3854 and 1.3905 levels respectively.
- Alternatively, a consistent close below 1.3566 will drag the parity down towards key support at 1.3496/1.3430/1.3390 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 only below 1.3530, stop loss at 1.3590 and target of 1.3496/1.3430.


FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major European Indices
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/USD bulls remain cautiously optimistic
Euro Holds the Line: EURUSD Finds Support at the 365-EMA as Peace Talks Loom
FxWirePro: GBP/NZD down trend loses steam, remains on bearish path
FxWirePro: USD/CAD recovers slightly but bearish outlook persists
FxWirePro: AUD/USD retreats slightly but trend is still bullish
Bitcoin’s Volatile Reset: ETFs Rebound as Bulls Eye USD 80,000 Milestone
FxWirePro: EUR/AUD under pressure as key support gives way
FxWirePro: USD/ZAR recovers slightly but trend is still bearish
Ethereum Consolidates: Bullish Technicals Point to a Potential $3,000 Breakout
FxWirePro: USD/JPY holding bid into weekend
FxWirePro: EUR/CAD gains ground on prospects of resumed energy flows
FxWirePro: EUR/AUD downtrend loses steam but outlook still bearish 



