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Bulls Need Close Above............>

DOLLAR-SING TECHS
DOLLAR-SING TECHS: Bulls Need Close Above Sgd1.3202
*RES 4: Sgd1.3251 - Highs Feb 13 & 14 
*RES 3: Sgd1.3202 - Low Feb 13 now resistance 
*RES 2: Sgd1.3167 - 21-DMA 
*RES 1: Sgd1.3153 - High Feb 15
*PRICE: Sgd1.3113 @ 2300GMT
*SUP 1: Sgd1.3059 - Low Feb 16 
*SUP 2: Sgd1.3013 - 2018 Low Jan 25 
*SUP 3: Sgd1.3000 - Monthly Low Dec 16 2014 
*SUP 4: Sgd1.2955 - Low Nov 27 2014
*COMMENTARY: The failed attempt to break above the 55-DMA has left the pair
looking heavy with correcting O/B studies seen weighing. The close below the
21-DMA sees bears focused on Dec 2014 monthly lows. Daily studies have room to
move before O/S is an issue. Bulls still need a close above Sgd1.3202 to ease
bearish pressure and above Sgd1.3251 to pressure the 55-DMA (Sgd1.3304).

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