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22 Oct 2013
USD/SGD, double tops at 1.2434?
FXstreet.com (Chicago) - USD/SGD extends the bullish rally after printing 1.2434 session highs and attempting a breakthrough above the 1.2440 zone.
US job market data is expected later in the day with a notably NFP result expected.
USD/SGD Technical Levels
With an upward trendline since last October 18th remaining intact, the pair extends the bullish rally to print session highs at 1.2434. Offered at 1.1233, the pair oscillates between the supports aligned at 1.2420 (October 17th lows), 1.24 (October 15th lows) followed by 1.2369 (October 18th lows) and the resistances aligned at 1.2446 (October 17th highs), 1.2465 (October 16th highs) ahead of 1.2491 (October 11th highs).
US job market data is expected later in the day with a notably NFP result expected.
USD/SGD Technical Levels
With an upward trendline since last October 18th remaining intact, the pair extends the bullish rally to print session highs at 1.2434. Offered at 1.1233, the pair oscillates between the supports aligned at 1.2420 (October 17th lows), 1.24 (October 15th lows) followed by 1.2369 (October 18th lows) and the resistances aligned at 1.2446 (October 17th highs), 1.2465 (October 16th highs) ahead of 1.2491 (October 11th highs).