Published: 2026-02-19T02:26:08.000Z
Chart USD/SGD Update: Higher in consolidation
1
Turned up from above support at the 1.2600/1.2586 congestion and January current year low
| Level | Comment | Level | Comment | ||||
|---|---|---|---|---|---|---|---|
| R4 | 1.2780 | ** | congestion | S1 | 1.2650 | * | congestion |
| R3 | 1.2780 | * | 38.2% Nov/Jan fall | S2 | 1.2600 | * | congestion |
| R2 | 1.2768 | ** | 6 Feb high | S3 | 1.2586 | ** | 28 Jan YTD low |
| R1 | 1.2700 | * | congestion | S4 | 1.2550 | * | congestion |
Asterisk denotes strength of level
02:20 GMT - Turned up from above support at the 1.2600/1.2586 congestion and January current year low as prices consolidate losses from the November swing high. Daily studies are unwinding oversold readings and suggest scope for corrective bounce to retest the 1.2700 level. Clearance here, will open up room to strong resistance at the 1.2768 early February high and extending to 1.2780/1.2800 38.2% Fibonacci level and congestion area. Corrective gains are expected to give way to renewed selling pressure later with support now raised to 1.2650/00 area ahead of the 1.2586 low.