Trial now

Testing Its 50-Day EMA


Fed Speakers Still on Tap Includes Chairman Powell


Corrective Bounce

Sgd1.3140 Support Now Key *RES....>

DOLLAR-SING TECHS: Sgd1.3140 Support Now Key
*RES 4: Sgd1.3339 - High Feb 9 
*RES 3: Sgd1.3284 - High Mar 1 
*RES 2: Sgd1.3239 - Hourly resistance Mar 2 
*RES 1: Sgd1.3202 - 21-DMA
*PRICE: Sgd1.3184 @ 2300GMT
*SUP 1: Sgd1.3140 - Low Feb 27 
*SUP 2: Sgd1.3052 - Low Feb 16 
*SUP 3: Sgd1.3013 - 2018 Low Jan 25 
*SUP 4: Sgd1.3000 - Monthly Low Dec 16 2014
*COMMENTARY: Follow through on the pop above the 55-DMA and bear channel top
(Sgd1.3259) was lacking with the pair looking a little heavy and pressure back
on the Sgd1.3140 support. Bears need a close below this level confirm focus on a
move initially targeting Sgd1.2995-1.3013. The Sgd1.3284 resistance remains key.
Bulls need a close above to confirm a break of the 55-DMA (Sgd1.3243) and to
shift focus to Sgd1.3339-1.3415.