- USD/SGD is currently trading around 1.3787 marks.
- It made intraday high at 1.3803 and low at 1.3780 levels.
- Intraday bias remains bearish till the time pair holds key resistance at 1.3828 levels.
- A sustained close above 1.3828 tests key resistances at 1.3851(March 16, 2016 high), 1.4073 (20D EMA) and 1.4132(20D, 30D and 55D EMA crossover).
- On the other side, a daily close below 1.3777 will drag the parity down towards key supports 1.3628 (55D EMA) /1.3548/1.3420 (April 13, 2016 low) /1.3357 (April 20, 2016 low) /1.3318/1.3302 levels.
We prefer to take short position in USD/SGD only below 1.3775, stop loss 1.3828 and target 1.3715/ 1.3628 levels.


FxWirePro- Major European Indices
Ethereum Joins the Rally: ETH Reclaims USD 2,100 Following Bitcoin's Lead
FxWirePro:NZD/USD remains vulnerable as Trump's latest deadline leaves investors on edge
FxWirePro: AUD/USD slips amid wavering risk sentiment
FxWirePro: AUD/USD recovers slightly from early decline but bears are not done yet
NZDJPY Bearish Breakdown: Why Selling the Rallies is the Strategic Play
Bitcoin's Tug-of-War: Bulls Eye 80,000 USD Despite Turbulent ETF Outflows
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/ NZD consolidating around 2.0200, room for further gains
FxWirePro: USD/JPY holds range near 160 as intervention risks loom
Aussie Ascent: AUDJPY Charges Toward 112 as Bullish Momentum Hits Five-Day High
FxWirePro: GBP/NZD remains buoyant, looks to extend gains
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CNY drifts lower, vulnerable to more downside 



