USD/SGD to recapture critical juncture

4 January 2016, 

Recent upward moves led to a cross between the 100 and 200 SMA on the 4H USD/SGD charts.

A recent bounce in the USD/SGD price structure might contribute to a consensus of technical levels, especially when the recent lows are at a relative narrow distance from the price level where the so-called "Golden Cross" occurred. At a distance slightly shorter than a daily ATR, the 200 SMA could exhibit some attraction to the price. The bullish outlook should be dismissed by a close beyond the 200 SMA.

NZD/USD 2016-01-04T02:45:00

0.67617/0.6763 (-0.085754417091%)

H0.67695 L0.67572

S3	S2	S1	R1	R2	R3
0.6764666239420	0.6783833106358	0.6795166532198	0.6825666824976	0.6844833691914	0.6856167117754

Trend Index	OB/OS Index
Bearish	Oversold