Friday, October 16, 2026

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FxWirePro: USD/SGD hovers around 1.35, good to sell on rallies

USD/SGD is currently trading around 1.3505 marks. It made intraday high at 1.3520 and low at 1.3478 levels. Intraday bias remains bearish till the time pair holds initial resistance at 1.3558 levels. A sustained close ab…

By Cynthia Firey Eakin
1 min read
FxWirePro: USD/SGD hovers around 1.35, good to sell on rallies
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  • USD/SGD is currently trading around 1.3505 marks.
     
  • It made intraday high at 1.3520 and low at 1.3478 levels.
     
  • Intraday bias remains bearish till the time pair holds initial resistance at 1.3558 levels.
     
  • A sustained close above 1.3558 tests key resistances at 1.3628/1.3772/ 1.3817/ 1.3842 marks respectively.
     
  • A daily close below 1.3489 will drag the parity down towards 1.3423/1.3352/1.3318/1.3302 levels.

We prefer to take short position in USD/SGD around 1.3510, stop loss 1.3558 and target 1.3414/1.3361 levels.

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By FxWirePro Team