AUDJPY Bounces 150 Pips on Short Covering — Sell Rallies at 111.40 Targeting 108 as Higher EMAs Stay Bearish 
AUDJPY Momentum Fades at 111: Sell Rallies to 108 as Bearish EMAs Dominate 
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FxWirePro: GBP/AUD under pressure as the pair continues to weaken 
NZDJPY Bears Reload: Sell Rallies to 90 as All EMAs Turn Hostile 
FxWirePro:EUR/NZD downtrend Intact, eyes 1.9500 level 
EUR/USD Retraces After 1.1555 Peak: Technical Levels Point to 1.1600 
FxWirePro: GBP/NZD downtrend extends, remains on bearish path 
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NZDJPY Bears Stay in Control After Sell-Off — Sell Rallies at 93 Targeting 90 as All EMAs Align Bearish 
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FxWirePro: AUD/USD grinds higher amid risk appetite revival 
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Major European Indices Trend Scores: DAX & CAC40 Hit Perfect 100, FTSE100 at 85 — All Bullish with Key Levels to Watch 
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support 
- USD/SGD is currently trading around 1.3086 marks.
- It made intraday high at 1.3097 and low at 1.3085 levels.
- Intraday bias remains bearish till the time pair holds key resistance at 1.3120 mark.
- A daily close above 1.3092 will test key resistances at 1.3120, 1.3170, 1.3202, 1.3285, 1.3340, 1.3438 and 1.3532 levels respectively.
- Alternatively, a consistent close below 1.3092 will drag the parity down towards key support at 1.3052/1.3005/1.2855/1.2754 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 on USD/SGD around 1.3090, stop loss at 1.3120 and target of 1.3052/1.3005.
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