Published: 2025-11-14T02:09:53.000Z
Chart USD/SGD Update: Consolidating above 1.3000 level, room for lower later
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Limited on break of the 1.3000 level as prices consolidate pullback from the 1.3085 high
| 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 - Limited on break of the 1.3000 level as prices consolidate pullback from the 1.3085 high. However, negative daily and weekly studies suggest consolidation giving way to fresh selling pressure later. Break will see deeper pullback to retrace rally from the 1.2712 low of September and see room to the 1.2950 support. Below this will turn focus to strong support at the 1.2930 and 1.2917 higher lows. Meanwhile, resistance at the 1.3050/85 congestion and high of last week and the 1.3100 level now expected to cap.