Published: 2026-10-20T02:36:18.000Z
Chart USD/SGD Update: Under pressure, room to extend losses
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Steadied at the 200-day MA and low of last week at 1.2785 as prices consolidate rejection from the 1.2872 high
| Level | Comment | Level | Comment | ||||
|---|---|---|---|---|---|---|---|
| R4 | 1.2900 | * | congestion | S1 | 1.2750 | ** | congestion |
| R3 | 1.2875 | ** | 14 Jul high | S2 | 1.2700 | * | congestion, Jul 2025 yr low |
| R2 | 1.2850 | * | congestion | S3 | 1.2680 | * | Aug low |
| R1 | 1.2800/25 | * | congestion | S4 | 1.2650 | * | congestion |
Asterisk denotes strength of level
02:30 GMT - Steadied at the 200-day MA and low of last week at 1.2785 as prices consolidate rejection from the 1.2872 high. Bearish divrgence on the daily studies suggest room for deeper pullback to retrace gains from the 1.2630 low of September. Lower will see room towards strong support at 1.2750 congestion. Break here will open up room for deeper pullback to the 1.2700/1.2680 area. Meanwhile, resistance is lower to 1.2800/25 congestion and 5th October high which is expected to cap and sustain pullback from the 1.2872, 14 October high.