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Sgd1.3126-45 Resistance Remains...>

DOLLAR-SING TECHS
DOLLAR-SING TECHS: Sgd1.3126-45 Resistance Remains Key
*RES 4: Sgd1.3273 - High Jan 18 
*RES 3: Sgd1.3229 - 21-DMA 
*RES 2: Sgd1.3145 - 2015 Low Apr 29 now resistance 
*RES 1: Sgd1.3126 - High Jan 25 & 29
*PRICE: Sgd1.3099 @ 2300GMT
*SUP 1: Sgd1.3039 - Low Jan 26 
*SUP 2: Sgd1.3000 - Monthly Low Dec 16 2014 
*SUP 3: Sgd1.2955 - Low Nov 27 2014 
*SUP 4: Sgd1.2865 - Low Nov 10 2014
*COMMENTARY: 2018 and 3+yr lows continued last week although the lack of follow
through is a concern given daily studies correcting from O/S and momentum
divergence noted. In saying that, the Sgd1.3126-45 resistance remains key. Bulls
need a close above Sgd1.3145 to ease bearish pressure and above the 21-DMA to
shift initial focus to Sgd1.3273-1.3369. While Sgd1.3145 caps immediate focus
remains on Sgd1.2955.

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