USD/SGD intraday: as long as 1.3268 is support look for 1.3345

Our pivot point stands at 1.3268.

Our preference: as long as 1.3268 is support look for 1.3345.

Alternative scenario: below 1.3268, expect 1.3240 and 1.3223.

Comment: the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The pair could retrace. Moreover, the pair is trading under its 20 period moving average (1.3293) but above its 50 period moving average (1.3282).

Supports and resistances:

1.3378 **

1.3361 *

1.3345 **

1.3328

1.3292 last

1.3279

1.3268 **

1.3240 *

1.3223 **

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

TRADING CENTRAL is governed by the Code of Conduct of ANACOFI-CIF, an association approved by the Autorité des Marchés Financiers and registered with ORIAS under number 17005458.

Written on 04-06-2023 at 12:18 UTC+1

Price reference: 1.3292 last known on 04-06-2023 at 12:18 UTC+1

Investment horizon: INTRADAY