- USD/SGD is currently trading around 1.3555 marks.
- It made intraday high at 1.3565 and low at 1.3542 levels.
- Intraday bias remains slightly bullish till the time pair holds key support at 1.3502 mark.
- A daily close above 1.3545 will test key resistances at 1.3574, 1.3622, 1.3788, 1.3822, 1.3949, 1.4046, 1.4095, 1.4128, 1.4219 and 1.4310 levels respectively.
- Alternatively, a consistent close below 1.3545 will drag the parity down towards key supports at 1.3502/1.3460/1.3401/1.3346/1.3217/1.3164/1.3005 levels respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart. Current upside movement is short term trend correction only
We prefer to take long position in USD/SGD around 1.3550, stop loss 1.3502 and target of 1.3622.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD maintains bearish bias with focus on 1.8800
FxWirePro: GBP/NZD downtrend loses momentum but bearish setup remains
FxWirePro: GBP/USD falls as fragile ceasefire keeps investors on edge
FxWirePro: USD/ZAR slips as rand gains on peace talk hopes
FxWirePro: EUR/ NZD recovers some ground but bears are not done yet
FxWirePro: GBP/AUD recovers slightly but outlook is still bearish
FxWirePro-Major European Indices
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/ JPY remains buoyant, looks to extend gains
FxWirePro- Major Pair levels and bias summary
Euro Stabilizes Near 1.1713 as IFO Weakness Meets Oil Volatility; 1.1800 in Focus
FxWirePro: EUR/AUD tight ranges prevail as market waits for fresh catalyst
FxWirePro: EUR/AUD edges higher but bearish outlook persists 



