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Focus On Dec 2014 Monthly Low.....>

DOLLAR-SING TECHS
DOLLAR-SING TECHS: Focus On Dec 2014 Monthly Low
*RES 4: Sgd1.3311 - 55-DMA 
*RES 3: Sgd1.3268 - Hourly resistance Feb 12 
*RES 2: Sgd1.3202 - Low Feb 13 now resistance 
*RES 1: Sgd1.3172 - 21-DMA
*PRICE: Sgd1.3092 @ 2300GMT
*SUP 1: Sgd1.3066 - Low Jan 31 
*SUP 2: Sgd1.3039 - Low Jan 26 
*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 with below Sgd1.3066 to add
weight to the case. Daily studies have room to move before O/S is an issue.
Bulls now need a close above Sgd1.3202 to ease bearish pressure and above
Sgd1.3273 to pressure the 55-DMA (Sgd1.3311)

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