Published: 2025-09-17T02:22:30.000Z
Chart USD/SGD Update: Under pressure, focus return to 1.2745/1.2700 lows
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Break of the 1.2800 level see prices extending pullback from the 1.3000, August swing high
| Level | Comment | Level | Comment | ||||
|---|---|---|---|---|---|---|---|
| R4 | 1.2940 | * | Jun high | S1 | 1.2745 | * | 24 Jul low |
| R3 | 1.2900 | ** | congestion | S2 | 1.2700 | ** | 1 Jul YTD low |
| R2 | 1.2850/55 | * | congestion, 11 Sep high | S3 | 1.2650 | * | congestion |
| R1 | 1.2800 | * | congestion | S4 | 1.2600 | * | congestion |
Asterisk denotes strength of level
02:15 GMT - Break of the 1.2800 level see prices extending pullback from the 1.3000, August swing high. Nearby see the prices poised for retest of the 1.2745 support but potential is seen for retest of the 1.2700, July current year low. Break here will extend the broader losses from the March 2020 high. Lower will see extension to the 1.2650/1.2600 congestion area. Meanwhile, recent low at the 1.2800 congestion turned resistance is expected to cap and contain corrective bounce and sustain pullback from the 1.2900 range high.