USD/SGD eyes 1.3160, 1.3200 trendline resistance

Insilco

13/04/2018 01:27

* USD/SGD risks short squeeze, hopes for slope appreciation of 0.5% dashed
    * Traders say increase of slope to zero equates no significant increase
    * MAS concerns on global trade, US/China tension underpins
    * USD/SGD well supp abv 1.3100 now, eyes 1.3130 break
    * Resistance at 1.3160, 1.3200 downtrend line resistance fm Feb


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 ((catherine.tan@thomsonreuters.com))