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Bears Need Close Below 100-DMA....>

DOLLAR-SING TECHS
DOLLAR-SING TECHS: Bears Need Close Below 100-DMA
*RES 4: Sgd1.3396 - 200-DMA 
*RES 3: Sgd1.3369 - High Jan 10 
*RES 2: Sgd1.3339 - Monthly high Feb 9 
*RES 1: Sgd1.3284 - Monthly High Mar 1
*PRICE: Sgd1.3249 @ 2300GMT
*SUP 1: Sgd1.3226 - 100-DMA 
*SUP 2: Sgd1.3173 - High Apr 20 
*SUP 3: Sgd1.3133 - High Apr 16 now support 
*SUP 4: Sgd1.3071 - Low Apr 12
*COMMENTARY: An aggressive rally Mondays saw closes above the 100-DMA and bear
channel top with focus on Sgd1.3284 Mar highs. Bulls need a close above this
level to add support to the case for a move targeting Sgd1.3369-1.3415 where the
200-DMA is situated. The 100-DMA is initial support with bears needing a close
below to gain breathing room and to target a correction back to Sgd1.3173. The
Bollinger top (Sgd1.3218) is a concern for bulls.

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