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55-WMA Capping *RES 4:............>

DOLLAR-SING TECHS
DOLLAR-SING TECHS: 55-WMA Capping
*RES 4: Sgd1.3538 - High Dec 8 
*RES 3: Sgd1.3496 - High Dec 18 
*RES 2: Sgd1.3492 - 55-WMA 
*RES 1: Sgd1.3413 - Hourly resistance May 10
*PRICE: Sgd1.3374 @ 2300GMT
*SUP 1: Sgd1.3332 - Low May 8 
*SUP 2: Sgd1.3285 - Low May 4 
*SUP 3: Sgd1.3263 - 21-DMA 
*SUP 4: Sgd1.3207 - 100-DMA
*COMMENTARY: The 55-WMA confirmed significance Thursday with it capping the
recovery from Apr lows and the rejection leaving the pair looking offered.
Correcting O/B daily studies are also seen weighing. Bears now look for a close
below Sgd1.3332 to confirm focus on Sgd1.3173-1.3285 where key DMAs are located.
Bulls now need a close above the 55-WMA to target the 200-WMA (Sgd1.3606).

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