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Capped Ahead Of 21-DMA *RES 4:....>

DOLLAR-SING TECHS
DOLLAR-SING TECHS: Capped Ahead Of 21-DMA
*RES 4: Sgd1.3369 - High Jan 10 
*RES 3: Sgd1.3323 - 21-DMA 
*RES 2: Sgd1.3302 - High Jan 12 
*RES 1: Sgd1.3273 - High Jan 18
*PRICE: Sgd1.3214 @ 2300GMT
*SUP 1: Sgd1.3179 - 2018 Low Jan 17 
*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: Recent 2018 and 2+yr lows lacked follow through this week but bears
take comfort in attempts to rally remaining capped ahead of the 21-DMA. Bulls
now look for a close above the 21-DMA to ease bearish pressure and above
Sgd1.3369 to shift focus to layers of resistance Sgd1.3415-1.3538 where 55 &
100-DMAs are found. While the 21-DMA caps bears remain focused on tests of 2015
lows and then Sgd1.2955-00.

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