USD/SGD intraday: as long as 1.3533 is support look for 1.3613

Our pivot point stands at 1.3533.

Our preference: as long as 1.3533 is support look for 1.3613.

Alternative scenario: below 1.3533, expect 1.3502 and 1.3484.

Comment: the RSI is above 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 1.3547 and 1.3507).

Supports and resistances:

1.3649 **

1.3631 *

1.3613 **

1.3594

1.3557 last

1.3545

1.3533 **

1.3502 *

1.3484 **

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 03-08-2023 at 06:31 UTC+1

Price reference: 1.3557 last known on 03-08-2023 at 06:31 UTC+1

Investment horizon: INTRADAY