Published: 2025-11-20T02:36:49.000Z
Chart USD/SGD Update: Extending gains, 1.3085 resistance within reach
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Bounce from the 1.2966 low through the 1.3050 congestion see the 1.3085 resistance within reach
| Level | Comment | Level | Comment | ||||
|---|---|---|---|---|---|---|---|
| R4 | 1.3170/00 | * | 23 Apr high, congestion | S1 | 1.3000 | * | Aug high, break |
| R3 | 1.3130 | * | May high | S2 | 1.2966 | ** | 14 Nov low |
| R2 | 1.3100 | * | 38.2% Jan/Jul fall | S3 | 1.2950 | * | Sep high |
| R1 | 1.3085 | ** | 12 May high | S4 | 1.2917/00 | ** | 17 Oct low, congestion |
Asterisk denotes strength of level
02:30 GMT - Bounce from the 1.2966 low through the 1.3050 congestion see the 1.3085 resistance within reach. Positive daily studies suggest scope for break here to extend the broader gains from the 1.2712, September low. Higher will see room to the 1.3100/30, 38.2% Fibonacci level and May high. However, corrective gains are expected to give way to renewed selling pressure later. Meanwhile, support at the 1.3000 level and extending to the 1.2966 low now protecting the downside and sustain gains from the 1.2712, September low.