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Bears Need Close Below 21-DMA.....>

DOLLAR-SING TECHS
DOLLAR-SING TECHS: Bears Need Close Below 21-DMA
*RES 4: Sgd1.3496 - High Dec 18 
*RES 3: Sgd1.3481 - 55-WMA 
*RES 2: Sgd1.3413 - Hourly resistance May 10 
*RES 1: Sgd1.3385 - High May 11
*PRICE: Sgd1.3357 @ 2300GMT
*SUP 1: Sgd1.3285 - Low May 4, 21-DMA 
*SUP 2: Sgd1.3206 - 100-DMA 
*SUP 3: Sgd1.3193 - 55-DMA 
*SUP 4: Sgd1.3173 - High Apr 20 now support
*COMMENTARY: The 55-WMA confirmed significance Thursday with it capping the
recovery from Apr lows and the rejection leaving the pair looking offered.
Correcting O/B daily studies are also seen weighing. Bears now look for a close
below the 21-DMA to shift initial focus to Sgd1.3173-1.3206 where key DMAs are
located. Bulls now need a close above the 55-WMA to target the 200-WMA
(Sgd1.3611).

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