- USD/SGD is currently trading around 1.3476 marks.
- It made intraday high at 1.3478 and low at 1.3465 levels.
- Intraday bias remains neutral till the time pair holds key support at 1.3452 mark.
- A daily close above 1.3470 will test key resistances at 1.3490, 1.3550, 1.3602, 1.3652, 1.3715, 1.3768, 1.3822, 1.3949, 1.4046, 1.4095, 1.4128, 1.4219 and 1.4310 levels respectively.
- Alternatively, a consistent close below 1.3452 will drag the parity down towards key support at 1.3432/1.3396/1.3346/1.3217/1.3164/1.3005 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.
We prefer to take short position in USD/SGD only below 1.3432, stop loss 1.3490 and target of 1.3346.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


FxWirePro: EUR/NZD edges lower but bullish outlook persists
CAD/JPY Dips on Soft Canadian CPI: Buy the Dip to 115?
FxWirePro: GBP/AUD consolidates around 2.0145, maintains bullish bias
FxWirePro: NZD/USD downside pressure builds, key support level in focus
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
EUR/USD Surges Past 1.1765 on Dismal US Jobs Data: Bullish Momentum Builds with Eyes on 1.1900
ETHUSD Dips Below $3000 on BOJ Rate Hike Fears: Buy the Dip at $2700, Targeting $4000?
Yen Power Play: AUDJPY Crumbles Below 103.70 Resistance
FxWirePro: USD/ZAR extends losses as dollar drops after delayed U.S. data
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD maintains bullish bias with focus on 2.0300 level
FxWirePro: AUD/USD uptrend loses steam, remains on bullish path
FxWirePro: EUR/NZD advances as kiwi weakness after RBNZ's Breman comments
FxWirePro: GBP/NZD firms as RBNZ pushes back on rate hike prospects 



