- USD/SGD is currently trading around 1.3629 marks.
- It made intraday high at 1.3634 and low at 1.3622 levels.
- Intraday bias remains slightly bullish till the time pair holds key support at 1.3592 mark.
- A daily close above 1.3622 will test key resistances at 1.3676, 1.3788, 1.3822, 1.3949, 1.4046, 1.4095, 1.4128, 1.4219 and 1.4310 levels respectively.
- Alternatively, a consistent close below 1.3622 will drag the parity down towards key supports at 1.3592/1.3554/1.3512 levels respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
- Singapore will release manufacturing output data at 0500 GMT.
We prefer to take short position in USD/SGD only below 1.3622, stop loss 1.3676 and target of 1.3554.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


FxWirePro: AUD/USD bulls gain momentum heading into the year end
FxWirePro: USD/JPY extends falls as Japanese yen extends rally after hawkish BoJ minutes
FxWirePro: AUD/USD gaining momentum for a move towards 0.6800 level
FxWirePro: GBP/AUD tracks lower on firmer Australian dollar
FxWirePro: USD/JPY bears maintain upper hand
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/CAD slips as firm oil price lift loonie despite soft GDP data
GBP/JPY Stuck in Holiday Neutral: Range-Bound at 210 Ahead of Christmas
NZDJPY: Sell the Rallies as Bears Guard 92 and Range Trade Persists
USD/CHF Bears in Control: Dips Below 0.7870 Signal More Downside Ahead
FxWirePro: USD/CAD outlook weaker on renewed downside pressure
AUDJPY Bulls in Control: Buy the Dips Above 103.80 for a Run Towards 106
FxWirePro- Woodies Pivot(Major)
FxWirePro: EUR/NZD downside pressure builds, key support level in focus
FxWirePro: USD/CNY hits 15-month low , scope for further downside 



