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21-DMA Capping *RES 4:............>

DOLLAR-SING TECHS
DOLLAR-SING TECHS: 21-DMA Capping
*RES 4: Sgd1.3688 - High Aug 15 
*RES 3: Sgd1.3679 - Bollinger band top 
*RES 2: Sgd1.3638 - High Aug 21 
*RES 1: Sgd1.3606 - 21-DMA
*PRICE: Sgd1.3556 @ 2300GMT
*SUP 1: Sgd1.3530 - Alternating hourly support/resistance 
*SUP 2: Sgd1.3502 - 2017 Low Aug 29 
*SUP 3: Sgd1.3467 - 200-WMA 
*SUP 4: Sgd1.3430 - Monthly Low Sept 7 2016
*COMMENTARY: The recovery from recent 2017 lows looks to be in trouble with the
21-DMA having capped the break of Sgd1.3592 Thursday. The pair is again looking
heavy with bears now needing a close below Sgd1.3530 to reconfirm focus on
Sgd1.3430-67 where the 200-WMA and monthly lows are located. Daily studies are
well placed for a fresh leg lower. Bulls now need a close above Sgd1.3638 to
shift focus to Sgd1.3687-88 where the 55-DMA is noted.

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