Forex - Chart USD/SGD Update: Crack seen on the downside


Published at 00:16 (GMT) 28 Aug

   

Chart USD/SGD Update: Crack seen on the downside (SDXC7401)

27 Aug USD/SGD Daily

23::42 GMT - Trade seen last session exposed crack on the downside withbreak of 1.2474/67 supports and further enforced by the negative cross-over seen on daily MACD and this should attract shorts during intraday trading with slip of 1.2463 support to expose further weakness to 1.2435 strong support. [W.T]
R5: 1.2567 * 200-day MA line
R4: 1.2551 * 8 Aug high
R3: 1.2526 21 Aug high
R2: 1.2517 25 Aug high
R1: 1.2495 27 Aug high

S1: 1.2463 27 Aug low
S2: 1.2435 * 15 Aug low
S3: 1.2420 30 Jul low
S4: 1.2413 29 Jul low
S5: 1.2397 25 Jul low

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