USD/SGD intraday: the downside prevails as long as 1.3015 is resistance

Our pivot point is at 1.3015.

Our preference: the downside prevails as long as 1.3015 is resistance.

Alternative scenario: the upside breakout of 1.3015, would call for 1.3054 and 1.3077.

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 stands below its 20 and 50 period moving average (respectively at 1.2994 and 1.2990).

Supports and resistances:

1.3077 **

1.3054 *

1.3015 **

1.3000

1.2980 last

1.2929

1.2906 **