Published: 2025-12-03T02:11:14.000Z
Chart USD/SGD Update: Consolidating, room for lower later
1
Little change, as prices holds steady above the 1.2950 support following bounce from the 1.2932, Monday's low
| Level | Comment | Level | Comment | ||||
|---|---|---|---|---|---|---|---|
| R4 | 1.3130 | * | May high | S1 | 1.2950 | * | Sep high |
| R3 | 1.3100 | ** | congestion, 38.2% | S2 | 1.2917/00 | ** | 17 Oct low, congestion |
| R2 | 1.3085 | * | 12 May high | S3 | 1.2865 | 1 Oct low | |
| R1 | 1.3000 | ** | Aug high, congestion | S4 | 1.2800 | ** | congestion |
Asterisk denotes strength of level
02:00 GMT - Little change, as prices holds steady above the 1.2950 support following bounce from the 1.2932, Monday's low. However, consolidation is expected to give way to renewed selling pressure later to extend pullback from the 1.3085/1.3100 resistance. Break of the 1.2932 low will further retrace the September/November rally and see room to strong support at the 1.2917/1.2900 area. Lower still, will see room to 1.2865 and 1.2800 level. Meanwhile, resistance at 1.3000 level now expected to can and sustain losses from the 1.3085/1.3100 area.