- USD/SGD is currently trading around 1.4198 marks.
- It made intraday high at 1.4212 and low at 1.4190 levels.
- Intraday bias remains bearish till the time pair holds key resistance at 1.4297 mark.
- A daily close above 1.4211 will test key resistances at 1.4297, 1.4409, 1.4506, 1.4568, 1.4686 and 1.4851 levels respectively.
- Alternatively, a consistent close below 1.4211 will drag the parity down towards key supports at 1.4152/1.4112/1.4046/1.3972/1.3819/1.3775/1.3704/1.3646 levels respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart. Current downside movement is short trend correction only.
We prefer to take short position in USD/SGD around 1.4200, stop loss 1.4297 and target of 1.4152/1.4112.


FxWirePro- Woodies Pivot(Major)
FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path
FxWirePro: USD/JPY retreats as Japan signals possible FX intervention
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed
AUDJPY: Buy-the-Dip Strategy Intact Above 103.80 Despite Profit-Taking Pullback
FxWirePro: GBP/AUD loses momentum but bullish setup remains
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CNY downside pressure builds, key support level In focus
FxWirePro: GBP/AUD moves lower on weak UK data
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path
FxWirePro:EUR/AUD eases but bullish outlook persists
FxWirePro: USD/CAD slips as oil rally boosts loonie
FxWirePro- Major European Indices
FxWirePro- Major Pair levels and bias summary
AUDJPY Bulls Stay in Control: Buy the Dips Above 103.80 Targeting 106
FxWirePro: GBP/USD advances on steady UK GDP growth 



