Published: 2025-11-11T02:17:35.000Z
Chart USD/SGD Update: Drifting narrowly above 1.3008 low, room for lower later
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Little change, as prices drift narrowly in range above the 1.3008, Friday's low
| 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
02:10 GMT - Little change, as prices drift narrowly in range above the 1.3008, Friday's low. Consolidation here is expected to give way to fresh selling pressure later to extend rejection from the 1.3085/1.3100 resistance. Daily studies are tracking lower and suggest room for deeper pullback to retrace rally from the 1.2712 low of September. Below the 1.3000 level and 1.2950 support will turn focus to strong support at the 1.2930 and 1.2917 lows. Meanwhile, resistance at the 1.3085/1.3100 area and 38.2% Fibonacci level expected to cap.