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FxWirePro- Woodies Pivot(Major) 
- USD/SGD is currently trading around 1.3796 marks.
- It made intraday high at 1.3818 and low at 1.3794 levels.
- Intraday bias remains bearish till the time pair holds key resistance at 1.3830 mark.
- A daily close above 1.3800 will test key resistances at 1.3830, 1.3868, 1.3918, 1.3988, 1.4046, 1.4095, 1.4128, 1.4219, 1.4266, 1.4327, 1.4409 and 1.4506 levels respectively.
- Alternatively, a consistent close below 1.3800 will drag the parity down towards key supports at 1.3776/1.3704/1.3631 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 in USD/SGD around 1.3800, stop loss 1.3830 and target of 1.3704.
