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FxWirePro: EUR/AUD regains upwards momentum but unable to hold above 50%fib level 
- USD/SGD is currently trading around 1.4286 marks.
- It made intraday high at 1.4290 and low at 1.4230 levels.
- Intraday bias remains bullish till the time pair holds key support at 1.4210 mark.
- A daily close above 1.4220 will test key resistances at 1.4290, 1.4326, 1.4360, 1.4542, 1.4606, 1.47, 1.4762, 1.4818 and 1.4850 marks respectively.
- Alternatively, a consistent close below 1.4220 will drag the parity down towards key supports at 1.4174, 1.4102, 1.4044, 1.3938 and 1.3870 levels respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.
We prefer to take long position on USD/SGD only above 1.4290, stop loss at 1.4220 and target of 1.4360/1.44.
