- USD/SGD is currently trading around 1.3606 marks.
- It made intraday high at 1.3612 and low at 1.3577 levels.
- Intraday bias remains bullish till the time pair holds key support at 1.3545 mark.
- A daily close above 1.3585 will test key resistances at 1.3615, 1.3788, 1.3822, 1.3949, 1.4046, 1.4095, 1.4128, 1.4219 and 1.4310 levels respectively.
- Alternatively, a consistent close below 1.3585 will drag the parity down towards key supports at 1.3545/1.3512/1.3435/1.3347 levels respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart. Current upside movement is short term trend correction only.
We prefer to take long position in USD/SGD around 1.3600, stop loss at 1.3545 and target of 1.3676.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


FxWirePro: USD/JPY holds tight range ahead of key U.S. payrolls data
FxWirePro: USD/ZAR gains some ground, but downtrend remains
FxWirePro: NZD/USD retreats as Middle East instability weighs
FxWirePro- Major Pair levels and bias summary
EURGBP Bears Break Trendline: Sell Rallies at 0.8578 as Support Breach Eyes 0.8450 Slide
FxWirePro- Woodies pivot (Major)
FxWirePro: EUR/ AUD neutral in the near term, scope further downside
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/AUD slips after surprise U.S. employment data
FxWirePro- Major Crypto levels and bias summary
FxWirePro : EUR/NZD slips lower after soft US jobs report
FxWirePro: USD/CNY slips as strong China exports data Lift yuan
FxWirePro: GBP/AUD under pressure after disappointing U.S. employment data
EUR/USD Rockets Past 1.1560 as Soft U.S. Jobs Data Fuel Fed Rate-Cut Surge 



