- USD/SGD is currently trading around 1.3087 marks.
- It made intraday high at 1.3098 and low at 1.3076 levels.
- Intraday bias remains neutral till the time pair holds key support at 1.3076 mark.
- A daily close above 1.3091 will test key resistances at 1.3120, 1.3170, 1.3202, 1.3285, 1.3340, 1.3438 and 1.3532 levels respectively.
- Alternatively, a consistent close below 1.3091 will drag the parity down towards key support at 1.3052/1.3005/1.2855/1.2754 levels respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
We prefer to take short position on USD/SGD only below 1.3076, stop loss at 1.3120 and target of 1.3052/1.3005.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invests


FxWirePro : EUR/NZD outlook weaker on renewed downside pressure
AUDJPY Momentum Fades at 111: Sell Rallies to 108 as Bearish EMAs Dominate
FxWirePro: NZD/USD eases as NZ unemployment surges in Q2
FxWirePro: AUD/USD firms after upbeat consumer spending data
EUR/USD Eyes 1.1660 Breakout: Buying Dips Near 1.1530 as Geopolitical Tensions Ease
AUDJPY Bounces 150 Pips on Short Covering — Sell Rallies at 111.40 Targeting 108 as Higher EMAs Stay Bearish
FxWirePro:EUR/NZD downtrend Intact, eyes 1.9500 level
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support
FxWirePro: USD/JPY gains capped as intervention fears keep traders on edge
FxWirePro: GBP/AUD under pressure as the pair continues to weaken
FxWirePro- Major Pair levels and bias summary
FxWirePro- Woodies pivot (Major)
EUR/USD Retraces After 1.1555 Peak: Technical Levels Point to 1.1600
FxWirePro: AUD/USD grinds higher amid risk appetite revival
FxWirePro: NZD/USD turns lower as USD regains footing 



