Published: 2026-10-07T02:04:05.000Z
Chart USD/SGD Update: Leaning lower in choppy trade
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Leaning lower in choppy trade following failure to sustain gains above the 1.2800/10 resistance
| Level | Comment | Level | Comment | ||||
|---|---|---|---|---|---|---|---|
| R4 | 1.2875 | ** | 14 Jul low | S1 | 1.2750/30 | * | congestion, 15 Sep high |
| R3 | 1.2850 | * | 61.8% Jun/Sep fall | S2 | 1.2700 | * | congestion, Jul 2025 yr low |
| R2 | 1.2825 | * | 5 Oct high | S3 | 1.2680 | * | Aug low |
| R1 | 1.2800/10 | * | congestion, 50% | S4 | 1.2650 | ** | May low |
Asterisk denotes strength of level
02:00 GMT - Leaning lower in choppy trade following failure to sustain gains above the 1.2800/10 resistance. Rejection from the 1.2825 high threatens deeper pullback to support at the 1.2750/30 congestion. Break of this area will confirm a top pattern at the 1.2825 high and open up room for deeper pullback to retrace gains from the September low to strong support at the 1.2700/1.2680 area. Below these will return focus to the downdife for retest of 1.2650 and 1.2630, May/September lows. Meanwhile, resistance at the 1.2800/25 area is expected to cap.