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FxWirePro- Woodies Pivot(Major) 
- USD/SGD is currently trading around 1.3168 marks.
- It made intraday high at 1.3176 and low at 1.3154 levels.
- Intraday bias remains slightly bullish till the time pair holds key resistance at 1.3105 mark.
- A daily close above 1.3164 will test key resistances at 1.3202, 1.3232, 1.3285, 1.3340, 1.3438 and 1.3532 levels respectively.
- Alternatively, a consistent close below 1.3164 will drag the parity down towards key support at 1.3076/1.3005/1.2855/1.2754 levels respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart. Current upside movement is short term trend correction only.
- Singapore will release CPI, core CPI data at 0500 GMT.
We prefer to take long position on USD/SGD around 1.3150, stop loss 1.3076 and target of 1.3202/1.3285.
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