USD/SGD intraday: the downside prevails as long as 1.3144 is resistance

1.3144 is our pivot point.

Our preference: the downside prevails as long as 1.3144 is resistance.

Alternative scenario: above 1.3144, look for 1.3183 and 1.3206.

Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 1.3133 and 1.3138).

Supports and resistances:

1.3206 **

1.3183 *

1.3144 **

1.3129

1.3112 last

1.3061

1.3038 **