USD/SGD intraday: as long as 1.3318 is support look for 1.3390

Our pivot point stands at 1.3318.

Our preference: as long as 1.3318 is support look for 1.3390.

Alternative scenario: below 1.3318, expect 1.3291 and 1.3276.

Comment: the RSI is above 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the price is below its 20 period moving average (1.3342) but above its 50 period moving average (1.3329).

Supports and resistances:

1.3422 **

1.3406 *

1.3390 **

1.3374

1.3342 last

1.3329

1.3318 **

1.3291 *

1.3276 **

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 04-18-2023 at 03:09 UTC+1

Price reference: 1.3342 last known on 04-18-2023 at 03:09 UTC+1

Investment horizon: INTRADAY