Published: 2025-11-10T02:24:08.000Z
Chart USD/SGD Update: Room for deeper pullback from 1.3085 resistance
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Rejection from the 1.3085/1.3100 resistance see prices unwinding overbought intraday and daily studies
| Level | Comment | Level | Comment | ||||
|---|---|---|---|---|---|---|---|
| R4 | 1.3170 | * | 23 Apr high | S1 | 1.3000 | * | Aug high, congestion |
| R3 | 1.3130 | * | May high | S2 | 1.2950 | * | Sep high |
| R2 | 1.3100 | * | 38.2% Jan/Jul fall | S3 | 1.2930 | * | 29 Oct low |
| R1 | 1.3085 | * | 12 May high | S4 | 1.2917/00 | ** | 17 Oct low, congestion |
Asterisk denotes strength of level
02:15 GMT - Rejection from the 1.3085/1.3100 resistance see prices unwinding overbought intraday and daily studies to approach previous high turned support at the 1.3000 level. Daily studies are tracking lower and suggest consolidation giving way to fresh selling pressure later. Lower will see room for deeper pullback to support at 1.2950 high of September. Below this will expose strong support at the 1.2930 and 1.2917 lows. Meanwhile, resistance at the 1.3085/1.3100 area and 38.2% Fibonacci level is expected to cap.