Terence Wu, an FX strategists at OCBC Bank, sees limited SGD-centric downside for the USD/SGD for now. Key quotes “A deeper decline for the USD/SGD pair beyond 1.4100 may require a capitulation of the broad USD within G10 space.” “For now, look for 1.4100 may be a firm support level, with topside resistance at the 1.4250 area also significant.” “On balance, we see the USD-SGD to be sideways for now, with a slight downside bias.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next GBP/USD: Overbought conditions FX Street 2 years Terence Wu, an FX strategists at OCBC Bank, sees limited SGD-centric downside for the USD/SGD for now. Key quotes “A deeper decline for the USD/SGD pair beyond 1.4100 may require a capitulation of the broad USD within G10 space.” “For now, look for 1.4100 may be a firm support level, with topside resistance at the 1.4250 area also significant.” “On balance, we see the USD-SGD to be sideways for now, with a slight downside bias.” Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
