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EUR/GBP Holiday Slumber: Bearish Bias Intact Below 0.8800 Resistance 
USD/CHF Bears in Control: Dips Below 0.7870 Signal More Downside Ahead 
- USD/SGD is currently trading around 1.3695 marks.
- It made intraday high at 1.3700 and low at 1.3693 levels.
- Intraday bias remains bearish till the time pair holds key resistance at 1.3705 mark.
- A daily close above 1.3700 will test key resistances at 1.3788, 1.3822, 1.3949, 1.4046, 1.4095, 1.4128, 1.4219, 1.4266, 1.4327, 1.4409 and 1.4506 levels respectively.
- Alternatively, a consistent close below 1.3700 will drag the parity down towards key supports at 1.3631/1.3554 levels respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
- Singapore June non-oil domestic exports +8.2 pct from year earlier; poll +4.1.
- Singapore June non-oil domestic exports -2.7 pct m/m after seasonal adjustment; poll -2.1.
We prefer to take short position in USD/SGD around 1.3700, stop loss at 1.3750 and target of 1.3631.
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