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Bears Focused on 200-WMA *RES.....>

DOLLAR-SING TECHS
DOLLAR-SING TECHS: Bears Focused on 200-WMA
*RES 4: Sgd1.3638 - High Aug 21 
*RES 3: Sgd1.3587 - 21-DMA 
*RES 2: Sgd1.3584 - High Sept 4 
*RES 1: Sgd1.3543 - Hourly resistance Sept 5
*PRICE: Sgd1.3495 @ 2300GMT
*SUP 1: Sgd1.3477 - 2017 Low Sept 6 
*SUP 2: Sgd1.3473 - 200-WMA 
*SUP 3: Sgd1.3430 - Monthly Low Sept 7 2016, Weekly Bolli Base 
*SUP 4: Sgd1.3381 - Low Aug 18 2016
*COMMENTARY: The 21-DMA capped last week resulting in fresh 2017 and 12mth lows
Wednesday with immediate focus on the 200-WMA. A close below the 200-WMA was
last seen in Sept 2014. Daily studies have corrected back to neutral levels and
are now well placed for a fresh leg lower. Bulls need a close above the 21-DMA
to ease immediate bearish pressure and above Sgd1.3638 to shift focus to
Sgd1.3661-88 where the 55-DMA is noted.

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