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Pressuring Key Resistance *RES....>

DOLLAR-SING TECHS
DOLLAR-SING TECHS: Pressuring Key Resistance
*RES 4: Sgd1.3321 - Daily bear channel top (Off Oct highs) 
*RES 3: Sgd1.3302 - High Jan 12 
*RES 2: Sgd1.3273 - High Jan 18 
*RES 1: Sgd1.3223 - High Jan 22
*PRICE: Sgd1.3213 @ 2300GMT
*SUP 1: Sgd1.3168 - Alternating daily support/resistance 
*SUP 2: Sgd1.3149 - High Jan 30 now support 
*SUP 3: Sgd1.3106 - Hourly support Feb 2 
*SUP 4: Sgd1.3066 - Low Jan 31
*COMMENTARY: The recovery from recent 2018 lows now sees the pair trading above
the 21-DMA (Sgd1.3193) and pressuring key resistance. Bulls look for a close
above Sgd1.3223 to confirm a break of the 21-DMA and shift initial focus to
Sgd1.3273-1.3369 where the 55-DMA and bear channel top are situated. Support
layers are following the pair higher with bears now needing a close below
Sgd1.3149 to ease renewed bullish pressure.

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