USD/SGD intraday: the upside prevails as long as 1.3256 is support

Our pivot point stands at 1.3256.

Our preference: the upside prevails as long as 1.3256 is support.

Alternative scenario: below 1.3256, expect 1.3228 and 1.3212.

Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 1.3272 and 1.3261).

Supports and resistances:

1.3363 **

1.3347 *

1.3331 **

1.3315

1.3279 last

1.3266

1.3256 **

1.3228 *

1.3212 **

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 03-24-2023 at 04:30 UTC+1

Price reference: 1.3279 last known on 03-24-2023 at 04:30 UTC+1

Investment horizon: INTRADAY