Published: 2026-11-10T02:18:50.000Z
Chart USD/SGD Update: Choppy around 1.2800, room for lower later
1
Extending choppy trade within a 5-week range area as resistance at the 1.2825/35 congestion area keep bounce attempt in check
| 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 | 1.2825/35 | * | congestion, 28 Oct high | S4 | 1.2650 | * | congestion |
Asterisk denotes strength of level
02:10 GMT - Extending choppy trade within a 5-week range area as resistance at the 1.2825/35 congestion area keep bounce attempt in check. Flat momentum oscillator suggest ranging action likely to extend below the 1.2825/35 area. Would take break of support at the 1.2762/50 area to confirm a top patern 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 the 1.2700/1.2680 support. Meanwhile, resistance at the 1.2800 level and extending to 1.2825/35 highs are expected to cap.