USDSGD: Potential Short from Key Resistance

أول أمس

The USDSGD pair is approaching a notable resistance zone around the 1.37160 level, an area that has historically acted as a supply zone, leading to price reversals. The current price action shows signs of hesitation as it tests this zone, which could indicate potential weakness.

If sellers regain control, the pair could reverse downward, with the 1.35041 level being a likely target for the next support zone.