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USD/SGD intraday: target 1.3670

Our pivot point is at 1.3791.

Our preference: target 1.3670.

Alternative scenario: the upside breakout of 1.3791, would call for 1.3835 and 1.3861.

Comment: the RSI is below 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the pair is trading under its 20 period moving average (1.3757) but above its 50 period moving average (1.3744).

Supports and resistances:
1.3861 **
1.3835 *
1.3791 **
1.3774
1.3751 last
1.3695
1.3670 **
1.3644 *
1.3618 **