Forex - Chart USD/SGD Update: Upmove losing its shine


Published at 01:30 (GMT) 22 Aug


Chart USD/SGD Update: Upmove losing its shine (ODWC7401)

22 Aug USD/SGD Daily

00::30 GMT - Strength seen last session fizzled out towards closing , keeping the strong barrier at 1.2551 safely at bay. Slippage below intraday support at 1.2485 will expose further setback to 1.2467 then stronger level behind at 1.2435. [W.T]
R5: 1.2594 * 24 Apr high
R4: 1.2587 4 Jun high
R3: 1.2566 * 200-day MA line
R2: 1.2551 * 8 Aug high
R1: 1.2526 21 Aug high

S1: 1.2485 intraday level
S2: 1.2467 20 Aug low
S3: 1.2435 * 15 Aug low
S4: 1.2420 30 Jul low
S5: 1.2413 29 Jul low

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