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DOLLAR-SING: USD/SGD has shed 16 pips and last.......>

BRENT TECHS, DOLLAR-SING
DOLLAR-SING: USD/SGD has shed 16 pips and last trades at SGD1.3844, the move
seems driven purely by broader USD weakness.
- Urban Redevelopment Authority released data showing that Singapore's property
values increased by 0.3% Q/Q in Q2.
- The nearest support is located at SGD1.3820, which represents the lows of Jul
21 & 22. A break here would open up Jun 10 cycle low of SGD1.3804. Bulls need a
push through the 200-DMA at SGD1.3877, which limited gains yesterday. Above
there would expose Jul 16 high of SGD1.3936.
- Singapore's industrial output figures headline the local docket today. Looking
further afield, unemployment comes out next Wednesday.

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