UOB analysts signal a neutral outlook for USD/SGD, projecting a range-bound trade between 1.2775 and 1.2835 as the pair lacks the momentum required for a sustained breakout in either direction.
UOB strategists expect USD/SGD to remain range-bound between 1.2775 and 1.2835 over 1-3 weeks.
UOB strategists Quek Ser Leang and Lee Sue Ann report that USD/SGD is currently range-bound near 1.2785. The pair faces stalled downward momentum, with analysts anticipating a consolidation phase between 1.2775 and 1.2835 over the next one to three weeks.
UOB strategists maintain a neutral, range-bound outlook for the pair, expecting it to trade between 1.2775 and 1.2835 in the near term.