USD/SGD intraday: as long as 1.3299 is support look for 1.3380

Our pivot point stands at 1.3299.

Our preference: as long as 1.3299 is support look for 1.3380.

Alternative scenario: below 1.3299, expect 1.3271 and 1.3254.

Comment: the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The pair could retrace. Moreover, the pair is trading under its 20 period moving average (1.3327) but above its 50 period moving average (1.3315).

Supports and resistances:

1.3414 **

1.3397 *

1.3380 **

1.3364

1.3326 last

1.3310

1.3299 **

1.3271 *

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 04-11-2023 at 03:58 UTC+1

Price reference: 1.3326 last known on 04-11-2023 at 03:58 UTC+1

Investment horizon: INTRADAY