USD/SGD intraday: as long as 1.3301 is support look for 1.3375

Our pivot point is at 1.3301.

Our preference: as long as 1.3301 is support look for 1.3375.

Alternative scenario: below 1.3301, expect 1.3274 and 1.3258.

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

Supports and resistances:

1.3407 **

1.3391 *

1.3375 **

1.3359

1.3325 last

1.3311

1.3301 **

1.3274 *

1.3258 **

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 03:12 UTC+1

Price reference: 1.3325 last known on 04-12-2023 at 03:12 UTC+1

Investment horizon: INTRADAY