USD/SGD intraday: as long as 1.3292 is support look for 1.3368

Our pivot point is at 1.3292.

Our preference: as long as 1.3292 is support look for 1.3368.

Alternative scenario: below 1.3292, expect 1.3264 and 1.3248.

Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the pair is trading under its 20 period moving average (1.3325) but above its 50 period moving average (1.3298).

Supports and resistances:

1.3401 **

1.3384 *

1.3368 **

1.3352

1.3318 last

1.3302

1.3292 **

1.3264 *

1.3248 **

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 21:17 UTC+1

Price reference: 1.3318 last known on 03-24-2023 at 21:17 UTC+1

Investment horizon: INTRADAY