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Above 55-DMA To Ease Bearish......>

DOLLAR-SING TECHS
DOLLAR-SING TECHS: Above 55-DMA To Ease Bearish Pressure
*RES 4: Sgd1.3214 - High Mar 5 
*RES 3: Sgd1.3160 - 55-DMA 
*RES 2: Sgd1.3149 - Daily Bear channel top off Oct high 
*RES 1: Sgd1.3132 - 21-DMA
*PRICE: Sgd1.3116 @ 2300GMT
*SUP 1: Sgd1.3073 - Bollinger band base 
*SUP 2: Sgd1.3049 - Low Mar 27 
*SUP 3: Sgd1.3004 - 2018 Low Jan 25 
*SUP 4: Sgd1.3000 - Monthly Low Dec 16 2014
*COMMENTARY: Pressure continues to return to layers of resistance
Sgd1.3132-1.3160 where 21 & 55-DMAs and a bear channel top are located. Bulls
continue to look for a close above the 55-DMA to ease bearish pressure and above
Sgd1.3214 to shift initial focus to Sgd1.3269-76 where the 100-DMA is noted.
While the 55-DMA caps bears remain focused on Sgd1.3000-04 with a close below
Sgd1.3049 to add weight to their case.

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