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Above Sgd1.3223 to Shift Focus....>

DOLLAR-SING TECHS
DOLLAR-SING TECHS: Above Sgd1.3223 to Shift Focus Higher
*RES 4: Sgd1.3223 - High Jan 22 
*RES 3: Sgd1.3209 - 21-DMA 
*RES 2: Sgd1.3168 - Low Jan 19 now resistance 
*RES 1: Sgd1.3149 - High Jan 30
*PRICE: Sgd1.3112 @ 2300GMT
*SUP 1: Sgd1.3066 - Low Jan 31 
*SUP 2: Sgd1.3039 - Low Jan 26 
*SUP 3: Sgd1.3000 - Monthly Low Dec 16 2014 
*SUP 4: Sgd1.2955 - Low Nov 27 2014
*COMMENTARY: 2018 and 3+yr lows continued last week although the lack of follow
through is a concern given correcting O/S studies and momentum divergence. Bulls
need a close above Sgd1.3168 to ease bearish pressure and above Sgd1.3223 to
confirm a break of the 21-DMA and shift initial focus to Sgd1.3273-1.3369 where
the 55-DMA is noted. Bears now need a close below Sgd1.3066 to retain initial
focus on Sgd1.2955.

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