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FxWirePro: AUD/USD gains some ground but outlook is bearish 
- USD/SGD is currently trading around 1.3606 marks.
- It made intraday high at 1.3615 and low at 1.3599 levels.
- Intraday bias remains neutral for the moment.
- A daily close above 1.3609 will test key resistances at 1.3672, 1.3720, 1.3770 and 1.3790 marks respectively.
- Alternatively, a consistent close below 1.3609 will drag the parity down towards key supports at 1.3568, 1.3538, 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.
- Singapore will release manufacturing output as well as business expectations data at 0500 GMT.
We prefer to take long position on USD/SGD only above 1.3615, stop loss at 1.3590 and target of 1.3672.
