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Sgd1.3720 Resistance Key This.....>

DOLLAR-SING TECHS
DOLLAR-SING TECHS: Sgd1.3720 Resistance Key This Week
*RES 4: Sgd1.3787 - High July 13 
*RES 3: Sgd1.3720 - High July 17 
*RES 2: Sgd1.3688 - Bollinger band top 
*RES 1: Sgd1.3677 - Hourly resistance Oct 27
*PRICE: Sgd1.3652 @ 2300GMT
*SUP 1: Sgd1.3536 - 100-DMA 
*SUP 2: Sgd1.3591 - 21-DMA 
*SUP 3: Sgd1.3559 - 55-DMA 
*SUP 4: Sgd1.3548 - Low Oct 19
*COMMENTARY: The 21-DMA supported and provided the base for a bounce towards
Sgd1.3720 only to be rejected and lack follow through. The pair remains heavy
with bears needing a close below the 100-DMA to ease bullish pressure and shift
focus back to Sgd1.3546-91. Bulls now look for a close above Sgd1.3677 to ease
pressure on the 100-DMA. Above Sgd1.3720 shift focus to Sgd1.3776-1.3830 where
the bull channel top and 200-DMA (Sgd1.3830) are situated.

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