- USD/SGD is currently trading around 1.4045 marks.
- It made intraday high at 1.4061 and low at 1.4042 levels.
- Intraday bias remains bearish till the time pair holds key resistance at 1.4092 marks.
- A daily close above 1.4050 will test key resistances at 1.4092, 1.4161, 1.4205, 1.4327, 1.4409, 1.4506, 1.4568, 1.4686 and 1.4851 levels respectively.
- Alternatively, a consistent close below 1.4050 will drag the parity down towards key supports at 1.3972/1.3851/1.3775/1.3704/1.3646 levels respectively.
- Later this week, Singapore will release bank lending (Feb 28) as well as manufacturing PMI data (March 2).
We prefer to take short position in USD/SGD around 1.4055, stop loss at 1.4092 and target of 1.3972.


FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/USD climbs to 4 -week high as ceasefire deal gives bulls traction
Ethereum Braces for Volatility: Technicals Turn Bearish as Geopolitical Tensions Loom
FxWirePro: GBP/USD stuck in range but maintains bearish bias
FxWirePro: EUR/AUD falls below 1.6600 level, plunge to test a key fibo grows
FxWirePro: USD/ JPY slips as yen rallies after Mideast ceasefire declaration
FxWirePro: USD/CNY falls to three-year high, scope for further downside
Bitcoin Breaks the $70,000 Barrier: Bulls Target the $80,000 Horizon as Geopolitical Relief Ignites Crypto Markets
FxWirePro- Major European Indices
FxWirePro- Major Crypto levels and bias summary
NZD/JPY Rockets as Kiwi Dollar Resilience Defies the Oil Shock
FxWirePro: USD/ZAR continues to recovers , upside pressure builds
FxWirePro- Major Pair levels and bias summary
Aussie Bulls Charge: AUD/JPY Rallies as Geopolitical Clouds Part
FxWirePro- Major European Indices
FxWirePro: AUD/USD spikes as Trump announces two-week Iran ceasefire 



