Published: 2025-11-18T02:30:11.000Z
Chart USD/SGD Update: Scope to retest 1.3085/1.3100 resistance
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Turned up from the 1.2966 low to regain the 1.3000 level as prices unwind oversold intraday and daily studies
| Level | Comment | Level | Comment | ||||
|---|---|---|---|---|---|---|---|
| R4 | 1.3130 | * | May high | S1 | 1.2950 | * | Sep high |
| R3 | 1.3100 | * | 38.2% Jan/Jul fall | S2 | 1.2930 | * | 29 Oct low |
| R2 | 1.3085 | ** | 12 May high | S3 | 1.2917/00 | ** | 17 Oct low, congestion |
| R1 | 1.3050 | congestion | S4 | 1.2860 | * | 5 May low, congestion |
Asterisk denotes strength of level
02:20 GMT - Turned up from the 1.2966 low to regain the 1.3000 level as prices unwind oversold intraday and daily studies. Bounce see potential for retest of the 1.3085 and extend the broader gains from the 1.2712, September low. Higher will see room to the 1.3100, 38.2% Fibonacci level. However, corrective gains are expected to give way to renewed selling pressure later. Below the 1.2966 low will see room for deeper pullback to the 1.2950 congestion. Lower will see room to strong support at the 1.2930 and 1.2917 higher lows.