Thursday, October 15, 2026

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FxWirePro: USD/SGD hovers around key support at 1.3488, a break below targets 1.3428

USD/SGD is currently trading around 1.3497 marks. It made intraday high at 1.3522 and low at 1.3478 levels. Intraday bias remains neutral till the time pair holds initial support at 1.3488 levels. A daily close below 1.3…

By Cynthia Firey Eakin
1 min read
FxWirePro: USD/SGD hovers around key support at 1.3488, a break below targets 1.3428
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  • USD/SGD is currently trading around 1.3497 marks.
     
  • It made intraday high at 1.3522 and low at 1.3478 levels.
     
  • Intraday bias remains neutral till the time pair holds initial support at 1.3488 levels.
     
  • A daily close below 1.3488 will drag the parity down towards 1.3415/1.3318/1.3302 levels.
     
  • A sustained close above 1.3548 tests key resistances at 1.3628/1.3772/ 1.3817/ 1.3842 marks respectively.
     
  • Important to note here that, 20D, 30D and 55D EMA heads down in daily chart and confirms bearish trend.

We prefer to take short position in USD/SGD only below 1.3488, stop loss 1.3548 and target 1.3415 levels.

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By FxWirePro Team