USDSGD manages to hold the 27-month ascending trendline. 200MA (weekly) finds between 1.35 and 1.3395. It has erased the falling channel in the H4 chart. We forecast a initial rebound to 1.3640 and 1.3690. Settles above 1.37 aims further headroom to 1.3760 and 1.38 The daily RSI and oscillator appear bullish.