Published: 2026-01-19T02:48:05.000Z
Chart USD/SGD Update: Lower in consolidation below 1.2900
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Settled back from below resistance at the 1.2900 level as price unwind overbought intraday and daily stuides
| Level | Comment | Level | Comment | ||||
|---|---|---|---|---|---|---|---|
| R4 | 1.3085/100 | ** | 12 May high, congestion | S1 | 1.2850 | * | congestion |
| R3 | 1.2980/00 | * | congestion, Aug high | S2 | 1.2800 | * | congestion |
| R2 | 1.2930 | ** | congestion | S3 | 1.2750 | * | congestion |
| R1 | 1.2900 | * | congestion | S4 | 1.2712/00 | ** | Sep, Jul 2025 year lows |
Asterisk denotes strength of level
02:40 GMT - Settled back from below resistance at the 1.2900 level as price unwind overbought intraday and daily stuides. Pullback see support at the 1.2850 congestion then the 1.2800 low. Would take break here to extend the losses from the November high. Break will see room to the 1.2750 congestion but focus will return to the 1.2712/1.2700, September/July lows. Meanwhile, break of resistsnce at the 1.2900 level is needed to open up room for stronger gains to retrace losses from the 1.3100 November high to strong resistance at 1.2930 congestion.