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Budget Deficit Narrower Than Estimate at 5.2%


Dr Swati Dhingra appointed to MPC


Analyst CPI Wraps (A-Z) – [3/3]


Analyst CPI Wraps (A-Z) – [2/3]

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Sgd1.3646-1.3720 Resistance.......>

DOLLAR-SING TECHS: Sgd1.3646-1.3720 Resistance Region Remains Key
*RES 4: Sgd1.3689 - 100-DMA 
*RES 3: Sgd1.3668 - Daily Bear channel top 
*RES 2: Sgd1.3646 - High Sept 28 
*RES 1: Sgd1.3593 - High Sept 29
*PRICE: Sgd1.3572 @ 2200GMT
*SUP 1: Sgd1.3538 - High Sept 14 now support 
*SUP 2: Sgd1.3500 - 21-DMA 
*SUP 3: Sgd1.3430 - Low Sept 22 
*SUP 4: Sgd1.3399 - Low Sept 20
*COMMENTARY: Last week's rally stalled ahead of the daily bear channel top with
pressure having returned to the Sgd1.3538 support as a result. Bears now need a
close below Sgd1.3538 to confirm a false break of the 55-DMA (Sgd1.3568) and
below the 21-DMA to return focus to tests of 2017 lows. Layers of resistance
Sgd1.3646-1.3720 remain key. Bulls need a close above Sgd1.3720 to end bearish
hopes and hint at a move targeting the 200-DMA (Sgd1.3907).

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