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Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact 
- USD/SGD is currently trading around 1.3707 marks.
- It made intraday high at 1.3720 and low at 1.3700 levels.
- Intraday bias remains bullish till the time pair holds key support at 1.3646 marks.
- A sustained close above 1.37 will test key resistances at 1.3732, 1.3774, 1.3836, 1.3851(March 16, 2016 high), 1.4073 (20D EMA) and 1.4132(20D, 30D and 55D EMA crossover).
- Alternatively, a daily close below 1.37 will drag the parity down towards key supports at 1.3646/1.3587/1.3510/1.3462/1.3391/1.3347/1.3313/1.3302/ 1.3271 levels.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.
We prefer to go long on USD/SGD only above 1.3720 with stop loss at 1.3646 and target of 1.3774/1.3836.
