- USD/SGD is currently trading around 1.3368 marks.
- It made intraday high at 1.3380 and low at 1.3357 levels.
- Intraday bias remains bearish till the time pair holds key resistance at 1.3437 levels.
- A daily close below 1.3357 (April 20, 2016 low) will drag the parity down towards key supports at 1.3318/1.3302/ 1.3271 levels.
- Alternatively, reversal from key support will test key resistances at 1.3437, 1.3493, 1.3622, 1.3799, 1.3836, 1.3851(March 16, 2016 high), 1.4073 (20D EMA) and 1.4132(20D, 30D and 55D EMA crossover).
- Important to note here that, 20D, 30D and 55D EMA heads down and confirm the bearish trend.
We prefer to take short position in USD/SGD only below 1.3357, stop loss 1.3437 and target 1.3271 marks.


FxWirePro: GBP/USD dips on UK GDP data miss
FxWirePro: EUR/NZD shows upside momentum, but bearish outlook remains
FxWirePro- Major European Indices
FxWirePro: GBP/NZD gains some upside momentum but still bearish
UK GDP Flops Again: GBPJPY Drops to 207.22 But Bulls Hold the Line – Buy the Dip to 210?
FxWirePro: USD/CAD outlook weaker on renewed downside pressure
FxWirePro- Major Pair levels and bias summary
NZDJPY Poised to Pop: Buy-the-Dip Setup Above Key 90 Support
Euro Refuses to Die: EUR/JPY Holds 182.50, Eyes 184 Breakout
FxWirePro: USD/JPY caught in narrow range, bias bearish
FxWirePro- Major European Indices
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
FxWirePro- Woodies Pivot(Major)
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
AUDJPY Range Play: Hold 102.95 Support, Target 105 on Breakout
FxWirePro- Major Crypto levels and bias summary 



