Published: 2025-11-28T02:17:15.000Z
Chart USD/SGD Update: Consolidating, room for lower later
-
Steadied at the 1.2950 support as prices consolidate pullback from the 1.3100 resistance
| 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
02:10 GMT - Steadied at the 1.2950 support as prices consolidate pullback from the 1.3100 resistance and unwind oversold intraday studies. Daily and weekly studies continue to track lower and highlight scope for break here to further retrace gains from the 1.2712, September low. Lower will see room for extension to strong support at the 1.2917 support and 1.2900 congestion. Meanwhile, resistance at the 1.3000 level and August high now expected to cap and sustain pullback from the 1.3085/1.3100 resistance.