- USD/SGD is currently trading around 1.3322 marks.
- It made intraday high at 1.3344 and low at 1.3317 levels.
- Intraday bias remains bearish till the time pair holds key resistance at 1.3370 mark.
- A daily close above 1.3342 will test key resistances at 1.3375, 1.3438, 1.3532, 1.3580, 1.3602, 1.3652, 1.3715, 1.3768, 1.3822 and 1.3949 levels respectively.
- Alternatively, a consistent close below 1.3342 will drag the parity down towards key support at 1.3308/1.3259/1.3217/1.3164/1.3015 levels respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
We prefer to take short position in USD/SGD around 1.3328, stop loss 1.3370 and target of 1.3259 .
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


Currency Score Alert: GBPUSD, AUDUSD & NZDUSD Top the Charts at 85 – Major Levels to Watch for Bullish Breakouts
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies pivot (Major)
EURGBP Bears Break Trendline: Sell Rallies at 0.8578 as Support Breach Eyes 0.8450 Slide
FxWirePro- Major Pair levels and bias summary
NZDJPY Bears Ready to Strike: Sell Rallies at 93 as EMAs Signal Deeper Slide to 90
FxWirePro: USD/CNY edges lower, scope for further downside
FxWirePro- Major Pair levels and bias summary
FxWirePro: AUD/USD eases slightly as markets await U.S. Payrolls report
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/ZAR extends decline, scope for further downside
FxWirePro: EUR/AUD gains slightly, but downward resumption looks likely
Gold Hits 6-Week High: Buy Dips at $4220 as Bullish Momentum Eyes $4400 Breakout
AUDJPY Momentum Fades at 111: Sell Rallies to 108 as Bearish EMAs Dominate
FxWirePro: NZD/USD softens despite firm expectations for RBNZ tightening 



