SGD/AUD Holds Firm Above Key Resistance

The Singapore Dollar (SGD) against the Australian Dollar (AUD) continued its upward trend, closing up 0.51% at A$1.1213 after a modest gain on the day.

The pair remains above its key moving averages, indicating ongoing positive momentum relative to recent price trends.

Analysts note that SGD/AUD is expected to remain within a volatility band between A$1.1157 and A$1.1269 over the next 2-3 trading days, with a high up probability and minimal downside risk.