Tag Archives: USD/CNH

The spike higher Thursday lacked follow through, marginally trading above the 21-DMA (Sgd1.2492).

After remaining capped ahead of the 21-DMA last week USD/SGD took out and closed below previous initial support on

The 21-DMA capped rallies last week with layers of resistance noted in the Sgd1.2513-45 region.

USD/SGD managed a brief spike above the previous Sgd1.2511 resistance level on Wednesday only to remain capped ahead of the 21-DMA and

USD/SGD continues to trade sideways in narrow ranges below the initial resistance at Sgd1.2511.