- USD/SGD is currently trading around 1.3455 marks.
- It made intraday high at 1.3459 and low at 1.3426 levels.
- Intraday bias remains bullish till the time pair holds key resistance at 1.3422 marks.
- A daily close below 1.3400 will drag the parity down towards key supports at 1.3367/1.3313/1.3302/ 1.3271 levels.
- Alternatively, a sustained close above 1.3450 will test key resistances at 1.3492, 1.3537, 1.3638, 1.3799, 1.3836, 1.3851(March 16, 2016 high), 1.4073 (20D EMA) and 1.4132(20D, 30D and 55D EMA crossover).
- Important to note here that in a daily chart, 20D, 30D and 55D EMA heads down and confirms the bearish trend. Current upside movement is short term trend correction only.
We prefer to take short position in USD/SGD around 1.3462, stop loss at 1.3492 and target 1.3367/1.3313.


FxWirePro- Major Pair levels and bias summary
NZDJPY Bears Take Control: New Zealand Dollar Retreats as 92 Resistance Holds Firm
FxWirePro: USD/JPY firms as Trump's address on Gulf war spark fresh concerns
FxWirePro:NZD/USD drifts lower, could be on verge of bigger drop
Bitcoin Battles Volatility: Institutional Support Eyes USD 64,000 Floor Amid Geopolitical Tensions
FxWirePro: GBP/NZD range to extend until there is game changing news
Ethereum Rises on Geopolitical De-escalation: Pezeshkian’s Peace Signal Ignites Bullish Momentum
FxWirePro- Major European Indices
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/CNY gains some ground but bearish outlook persists
FxWirePro: USD/ZAR sustains gains as uptrend remains strong
FxWirePro- Major European Indices
FxWirePro: EUR/AUD gaining momentum for a move towards 1.6800 level
Bitcoin Recovers Amid Easing Geopolitics: Bulls Target USD 80,000 Support Rebound
FxWirePro: AUD/USD downside pressure builds, key support level in focus
FxWirePro- Major Crypto levels and bias summary 



