FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support 
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support 
FxWirePro- Major Pair levels and bias summary 
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FxWirePro- Major Pair levels and bias summary 
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- USD/SGD is currently trading around 1.3595 marks.
- It made intraday high at 1.3605 and low at 1.3587 levels.
- Intraday bias remains neutral for the moment.
- A daily close above 1.3599 will test key resistances at 1.3672, 1.3720, 1.3770 and 1.3790 marks respectively.
- Alternatively, a consistent close below 1.3599 will drag the parity down towards key supports at 1.3587, 1.3538, 1.3499, 1.3465, 1.3422 and 1.3315 levels respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
- Singapore will release CPI as well as core CPI data at 0500 GMT.
We prefer to take short position on USD/SGD only below 1.3575, stop loss at 1.3650 and target of 1.3499.
