EUR/SGD intraday: rebound towards 1.543

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    Kiaria Yoshida

    Our pivot point stands at 1.536.

    Our preference is rebound towards 1.543. Alternative scenario is the downside breakout of 1.536 would call for 1.534 and 1.533.

    Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the pair is trading above its 20 MA (1.539) but under its 50 MA (1.542).

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