USD/SGD intraday: as long as 1.3294 is support look for 1.3370

Our pivot point stands at 1.3294.

Our preference: as long as 1.3294 is support look for 1.3370.

Alternative scenario: below 1.3294, expect 1.3268 and 1.3252.

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 price is above its 20 and 50 period moving average (respectively at 1.3315 and 1.3299).

Supports and resistances:

1.3402 **

1.3386 *

1.3370 **

1.3354

1.3320 last

1.3305

1.3294 **

1.3268 *

1.3252 **

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 04-17-2023 at 11:05 UTC+1

Price reference: 1.3320 last known on 04-17-2023 at 11:05 UTC+1

Investment horizon: INTRADAY