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FxWirePro- Major European Indices 
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FxWirePro- Major US Indices 
- USD/SGD is currently trading around 1.4423 marks.
- It made intraday high at 1.4456 and low at 1.4422 levels.
- Intraday bias remains bearish till the time pair holds key resistance at 1.4489 mark.
- A sustained close above 1.4453 will test key resistances at 1.4489, 1.4533 and 1.4648 levels respectively.
- Alternatively, a consistent close below 1.4453 will drag the parity down towards key supports at 1.4357/1.4219/1.4150/1.4046/1.3972/1.3819/1.3775/1.3704/1.3646 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 term trend correction only.
We prefer to go short on USD/SGD around 1.4430, stop loss at 1.4489 and target of 1.4357/1.4305.
