- USD/SGD is currently trading around 1.3435 marks.
- It made intraday high at 1.3439 and low at 1.3419 levels.
- Intraday bias remains bullish till the time pair holds key support at 1.3420 marks.
- A daily close below 1.3420 will drag the parity down towards key supports at 1.3357 (April 20, 2016 low)/1.3318/1.3302/ 1.3271 levels.
- Alternatively, a sustained close above 1.3480 will tests key resistances at 1.3538, 1.3646, 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, 20D, 30D and 55D EMA heads down and confirm the bearish trend. Current upside movement is short term trend correction only.
We prefer to take long position in USD/SGD around 1.3430, stop loss 1.3403 and target 1.3480/ 1.3538 marks.


ETHUSD Dips Below $3000 on BOJ Rate Hike Fears: Buy the Dip at $2700, Targeting $4000?
FxWirePro: GBP/NZD firms as RBNZ pushes back on rate hike prospects
Yen Surge Dims NZDJPY Shine: Bearish Trend Holds Below 91 Resistance
FxWirePro: USD/CNY outlook weaker on renewed downside pressure
FxWirePro: USD/ZAR attracts selling interest, could be on verge of a bigger drop
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
FxWirePro: AUD/USD uptrend loses steam, remains on bullish path
FxWirePro- Major European Indices
NZD/JPY: Bearish Momentum Builds — Sell the Rallies Below 90.90 for a Slide Toward 88.00
FxWirePro: AUD/USD dips on soft China data
FxWirePro: GBP/USD steadies ahead key data, BoE event risk
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CAD pauses decline,critical support lies ahead
EUR/JPY Retreats: Yen Strength Caps Rally, Bearish Bias Intact Below 183.15
FxWirePro: USD/CNY outlook weaker on renewed downside pressure
FxWirePro: GBP/AUD gives up early gains after UK GDP shock 



