Published: 2026-11-06T02:34:42.000Z
Chart USD/SGD Update: Leaning lower in choppy trade
1
Leaning lower in choppy trade from the 1.2800/25 resistance to retest support at the 1.2762/50 congestion
| Level | Comment | Level | Comment | ||||
|---|---|---|---|---|---|---|---|
| R4 | 1.2900 | * | congestion | S1 | 1.2762/50 | ** | 22 Oct low, congestion |
| R3 | 1.2875 | ** | 14 Jul low | S2 | 1.2700 | * | congestion, 2025 yr low |
| R2 | 1.2850 | * | congestion | S3 | 1.2680 | * | Aug low |
| R1 | 1.2800/25 | * | congestion | S4 | 1.2650 | * | congestion |
Asterisk denotes strength of level
02:30 GMT - Leaning lower in choppy trade from the 1.2800/25 resistance to retest support at the 1.2762/50 congestion. However, flat momentum oscillator suggest ranging action likely to extend. Would take break of the latter to confirm a top in place at the 1.2872 October high and open up room for deeper pullback to retrace strong gains from the 1.2630 Spetember low and see room to support at the 1.2700/1.2680 area. Meanwhile, resistance remains at the 1.2800/25 area which is expected to cap and sustain losses from the October high.