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Hesitating Ahead Of 200-DMA.......>

DOLLAR-SING TECHS
DOLLAR-SING TECHS: Hesitating Ahead Of 200-DMA
*RES 4: Sgd1.3418 - Bollinger band top 
*RES 3: Sgd1.3415 - Low Dec 1 now resistance 
*RES 2: Sgd1.3381 - 200-DMA 
*RES 1: Sgd1.3373 - High May 7
*PRICE: Sgd1.3359 @ 2300GMT
*SUP 1: Sgd1.3285 - Low May 4 
*SUP 2: Sgd1.3208 - 100-DMA 
*SUP 3: Sgd1.3197 - High Apr 6 now support 
*SUP 4: Sgd1.3173 - High Apr 20
*COMMENTARY: The 200-DMA continues to cap with bulls needing a close above
Sgd1.3415 to confirm a break and to shift initial focus to Sgd1.3498-1.3538. The
break of Sgd1.3296 lacked follow through and sees pressure back on the 200-DMA.
Bears now need a close below Sgd1.3285 to gain breathing room and increase the
likelihood of a correction back to Sgd1.3133-1.3208 where key DMAs are noted.
Correcting O/B studies add weight to the bearish case.

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