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Focus Shifts To Sgd1.3315-48......>

DOLLAR-SING TECHS
DOLLAR-SING TECHS: Focus Shifts To Sgd1.3315-48
*RES 4: Sgd1.3543 - Hourly resistance Sept 5 
*RES 3: Sgd1.3508 - High Sept 7 
*RES 2: Sgd1.3472 - 200-WMA 
*RES 1: Sgd1.3454 - Hourly resistance Sept 7
*PRICE: Sgd1.3399 @ 2300GMT
*SUP 1: Sgd1.3391 - 2017 Low Sept 7 
*SUP 2: Sgd1.3381 - Low Aug 18 2016 
*SUP 3: Sgd1.3348 - Daily Bear channel base 
*SUP 4: Sgd1.3343 - Monthly Low Aug 16 2016
*COMMENTARY: The 21-DMA capped last week resulting in repeated fresh 2017 and
12mth lows and a bearish close the 200-WMA Thursday. The first close below the
200-WMA since Sept 2014 adds weight to the bearish case with focus now on the
Sgd1.3315-48 region where 2016 lows and the bear channel base are situated.
Layers of resistance are accumulating and weighing with bulls needing a close
above the 200-WMA to ease bearish pressure.

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