- USD/SGD is currently trading around 1.3113 marks.
- It made intraday high at 1.3118 and low at 1.3097 levels.
- Intraday bias remains slightly neutral till the time pair holds key support at 1.3100 mark.
- A daily close above 1.3125 will test key resistances at 1.3172, 1.3232, 1.3285, 1.3340, 1.3438 and 1.3532 levels respectively.
- Alternatively, a consistent close below 1.3100 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 long position on USD/SGD only above 1.3130, stop loss at 1.3088 and target of 1.3172/1.3232.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


FxWirePro : EUR/NZD outlook weaker on renewed downside pressure
FxWirePro: GBP/USD edges higher as markets track U.S.-Iran talks and oil moves
Bitcoin Bulls Hold Key EMAs Above $64,000—Is a Rally Toward $70,000 Next?
FxWirePro- Woodies pivot (Major)
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support
FxWirePro: NZD/USD eases as NZ unemployment surges in Q2
EUR/USD Eyes 1.1660 Breakout: Buying Dips Near 1.1530 as Geopolitical Tensions Ease
FxWirePro- Major Pair levels and bias summary
AUDJPY Momentum Fades at 111: Sell Rallies to 108 as Bearish EMAs Dominate
FxWirePro- Major Crypto levels and bias summary
AUDJPY Bounces 150 Pips on Short Covering — Sell Rallies at 111.40 Targeting 108 as Higher EMAs Stay Bearish
FxWirePro: USD/ZAR faces downside pressure with 38.2%fib support in focus
FxWirePro:EUR/NZD downtrend Intact, eyes 1.9500 level
FxWirePro: AUD/USD firms after upbeat consumer spending data
FxWirePro : USD/JPY slips as Yen firms on further Intervention talk
FxWirePro: AUD/USD grinds higher amid risk appetite revival 



