CIX Markets. Where the client comes first.

USD/SGD intraday: the upside prevails as long as 1.3703 is support

Our pivot point is at 1.3703.

Our preference: the upside prevails as long as 1.3703 is support.

Alternative scenario: the downside breakout of 1.3703 would call for 1.3659 and 1.3633.

Comment: the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 1.3733 and 1.3735).

Supports and resistances:
1.3872 **
1.3846 *
1.3819 **
1.3793
1.3737 last
1.3720
1.3703 **
1.3659 *
1.3633 **