Trial now
SEK

Extends losses

EUROZONE DATA

Services PMI 55.9

GERMAN DATA

Services PMI 52.7

DOLLAR-SING TECHS
DOLLAR-SING TECHS: Sgd1.3417 Resistance Key This Week
*RES 4: Sgd1.3441 - 55-WMA 
*RES 3: Sgd1.3417 - Low May 29 now resistance 
*RES 2: Sgd1.3390 - 21-DMA 
*RES 1: Sgd1.3371 - High June 8
*PRICE: Sgd1.3358 @ 2300GMT
*SUP 1: Sgd1.3325 - Low June 8 
*SUP 2: Sgd1.3285 - Low May 4 
*SUP 3: Sgd1.3276 - 55-DMA 
*SUP 4: Sgd1.3226 - 100-DMA
*COMMENTARY: Despite closes below the 200-DMA (Sgd1.3355) the lack of downside
follow through last week with 55 & 100-DMAs lurking below is less than ideal for
bears. Bulls continue to look for a close above Sgd1.3417 to end bearish hopes
and return focus to Sgd1.3497-1.3538. Bears now look for a close below the
55-DMA to confirm initial focus on Sgd1.3173-1.3226 where the 100-DMA is noted.