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Bears Dominate While Sgd1.3284....>

DOLLAR-SING TECHS
DOLLAR-SING TECHS: Bears Dominate While Sgd1.3284 Caps
*RES 4: Sgd1.3284 - High Mar 1 
*RES 3: Sgd1.3234 - Daily Bear channel top 
*RES 2: Sgd1.3217 - 55-DMA 
*RES 1: Sgd1.3214 - High Mar 5
*PRICE: Sgd1.3162 @ 2300GMT
*SUP 1: Sgd1.3131 - Low Mar 8 
*SUP 2: Sgd1.3052 - Low Feb 16 
*SUP 3: Sgd1.3013 - 2018 Low Jan 25 
*SUP 4: Sgd1.3000 - Monthly Low Dec 16 2014
*COMMENTARY: The break of Sgd1.3140 has so far lacked follow through with the
pair bouncing back towards layers of resistance Sgd1.3214-84 where the 55-DMA
and bear channel top are located. Bulls need a close above Sgd1.3284 to confirm
a break of the 55-DMA and to shift focus to Sgd1.3335-1.3415 where a longer term
bear channel top and 100-DMA are noted. Bears now look for a close below
Sgd1.3131 to target 2018 lows.

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