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fxJul 20, 2026, 8:56 PM

USD/SGD Range Trade Persists, UOB Says

United Overseas Bank notes USD/SGD remains stuck in a tight range, with intraday action expected between 1.2900 and 1.2930. On a 1–3 week horizon, downside risks emerge if support at 1.2860 breaks.

USDSGD

United Overseas Bank (UOB) analyst Quek Ser Leang reports that USD/SGD continues to trade sideways, confined to a narrow range. Intraday movement is expected to stay between 1.2900 and 1.2930.

Over a one-to-three-week outlook, the bank sees potential downside risks if the key support level at 1.2860 is breached. Meanwhile, resistance at 1.2930 remains firm, keeping the pair in a range-bound pattern.

Source: FXStreet Forex News