Published: 2025-11-13T02:17:13.000Z
Chart USD/SGD Update: Consolidating at 1.3000, room for lower later
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Little change, as prices consolidate test of the 1.3000 level
| 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
02:15 GMT - Little change, as prices consolidate test of the 1.3000 level following pullback from the 1.3085 high. However, negative daily studies suggest consolidation giving way to fresh selling pressure later. Break will see room for 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 1.3085/1.3100 area is expected to cap.