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

DOLLAR-SING TECHS
DOLLAR-SING TECHS: Bulls Need Close Above Sgd1.3720
*RES 4: Sgd1.3787 - High July 13 2017 
*RES 3: Sgd1.3780 - Bollinger band top 
*RES 2: Sgd1.3720 - High July 17 2017 
*RES 1: Sgd1.3715 - 2018 High July 2
*PRICE: Sgd1.3691 @ 2300GMT
*SUP 1: Sgd1.3615 - Low July 2 
*SUP 2: Sgd1.3587 - Low June 26 
*SUP 3: Sgd1.3531 - Low June 22 
*SUP 4: Sgd1.3514 - 21-DMA
*COMMENTARY: Despite ending last week on an offered note bulls take comfort in
fresh 2018 highs Monday as the pair continues to flirt with the 100-WMA
(Sgd1.3684). Bulls look for a close above Sgd1.3720 to confirm traction above
the 100-WMA and shift focus to Sgd1.3914 June 2017 highs. Bears now look for a
close below Sgd1.3615 to ease bullish pressure and target an initial correction
back to Sgd1.3486-1.3531 where the 21-DMA is noted.

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