USD/SGD intraday: as long as 1.3297 is support look for 1.3376

Our pivot point is at 1.3297.

Our preference: as long as 1.3297 is support look for 1.3376.

Alternative scenario: below 1.3297, expect 1.3270 and 1.3254.

Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 1.3325 and 1.3320).

Supports and resistances:

1.3408 **

1.3392 *

1.3376 **

1.3360

1.3328 last

1.3307

1.3297 **

1.3270 *

1.3254 **

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

TRADING CENTRAL is governed by the Code of Conduct of ANACOFI-CIF, an association approved by the Autorité des Marchés Financiers and registered with ORIAS under number 17005458.

Written on 04-12-2023 at 00:10 UTC+1

Price reference: 1.3328 last known on 04-12-2023 at 00:10 UTC+1

Investment horizon: INTRADAY