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Bulls Need Close Above 55-DMA.....>

DOLLAR-SING TECHS
DOLLAR-SING TECHS: Bulls Need Close Above 55-DMA
*RES 4: Sgd1.3443 - 100-DMA 
*RES 3: Sgd1.3415 - Low Dec 1 now resistance 
*RES 2: Sgd1.3369 - High Jan 10 
*RES 1: Sgd1.3331 - 55-DMA
*PRICE: Sgd1.3304 @ 2300GMT
*SUP 1: Sgd1.3252 - Hourly support Feb 8 
*SUP 2: Sgd1.3227 - Hourly support Feb 7 
*SUP 3: Sgd1.3180 - 21-DMA 
*SUP 4: Sgd1.3149 - High Jan 30 now support
*COMMENTARY: Bounces from Sgd1.3149 resulted in immediate focus shifting to the
55-DMA. Bulls look for a close above to add support to the case for a move
targeting Sgd1.3538-82 where the 200-DMA is located. Daily studies approaching
O/B are a key concern for bulls. In saying that, bears now need a close below
Sgd1.3227 to ease bullish pressure and below Sgd1.3149 to confirm a break of the
21-DMA, easing bullish pressure and shifting focus back to tests of 2018 lows.

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