Flash: USD/SGD on track to test 1.2865, 1.30 - ANZ

FXstreet.com (Barcelona) - The sharp rebound in USD/SGD to retest declining resistance (1.2605-10) coupled with the close above 1.2700 could now trigger an early test of 1.2865 within broader moves towards 1.2975-1.3000, says Tim Riddell, Head of Market Research at ANZ. The Strategist suggest to place stops below 1.2520.