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Bears Targeting 2015 Low *RES.....>

DOLLAR-SING TECHS
DOLLAR-SING TECHS: Bears Targeting 2015 Low
*RES 4: Sgd1.3415 - Low Dec 1 now resistance 
*RES 3: Sgd1.3402 - 21-DMA 
*RES 2: Sgd1.3342 - 2017 Low Sept 8 now resistance 
*RES 1: Sgd1.3314 - High Jan 4
*PRICE: Sgd1.3261 @ 2300GMT
*SUP 1: Sgd1.3250 - 2018 Low Jan 5 
*SUP 2: Sgd1.3145 - 2015 Low Apr 29 
*SUP 3: Sgd1.3000 - Monthly Low Dec 16 2014 
*SUP 4: Sgd1.2955 - Low Nov 27 2014
*COMMENTARY: Losses to start the new year see the pair looking heavy with the
bearish closes seeing focus on the Sgd1.3000-1.3145 region where 2015 lows are
situated. O/S daily studies and the Bollinger band base (Sgd1.3240) remain key
concerns for bears with potential to limit follow through. Bulls need a close
above Sgd1.3342 to gain breathing room and above Sgd1.3415 to hint at a bigger
correction.

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