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Looking Heavy Again *RES 4:.......>

DOLLAR-SING TECHS
DOLLAR-SING TECHS: Looking Heavy Again
*RES 4: Sgd1.3720 - High July 17 
*RES 3: Sgd1.3688 - High Aug 15 
*RES 2: Sgd1.3670 - Bollinger band top 
*RES 1: Sgd1.3638 - High Aug 21
*PRICE: Sgd1.3603 @ 2300GMT
*SUP 1: Sgd1.3582 - Low Aug 14 
*SUP 2: Sgd1.3549 - Low Aug 4 
*SUP 3: Sgd1.3548 - Bollinger band base 
*SUP 4: Sgd1.3536 - 2017 Low July 27
*COMMENTARY: Pressure on the 21-DMA (Sgd1.3609) has taken its toll with a close
below that shifts initial focus back to Sgd1.3582 and overall focus back to
tests of 2017 lows. Narrowing Bollinger bands are suggestive of a break out in
the near future. Bulls now need a close above Sgd1.3638 to gain breathing room
and above Sgd1.3688 to pressure the 55-DMA. Bulls continue to look for a close
above the 55-DMA to shift focus to the bear channel top (Sgd1.3799).

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