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

DOLLAR-SING TECHS
DOLLAR-SING TECHS: Bears Need Close Below 21-DMA
*RES 4: Sgd1.3538 - High Dec 12 
*RES 3: Sgd1.3496 - High Dec 18 
*RES 2: Sgd1.3489 - 2018 High May 10 
*RES 1: Sgd1.3471 - 55-WMA, High May 21
*PRICE: Sgd1.3428 @ 2300GMT
*SUP 1: Sgd1.3400 - Hourly support May 23 
*SUP 2: Sgd1.3368 - 21-DMA, 200-DMA 
*SUP 3: Sgd1.3285 - Low May 4 
*SUP 4: Sgd1.3225 - 55-DMA
*COMMENTARY: The 21-DMA supports while the 55-WMA currently caps. Bears look for
a close below the 21-DMA to confirm a break of the 200-DMA (Sgd1.3369) and to
shift initial focus to Sgd1.3285. Below this level is then needed to pressure 55
& 100-DMAs. Bulls now need a close above Sgd1.3538 to confirm traction above the
55-WMA and to focus on 200 (Sgd1.3616) & 100 (Sgd1.3681) WMAs.

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