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Published: 2026-04-28T02:28:50.000Z

Chart USD/SGD Update: Room to extend pullback from 1.2793 high

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Turned down from the 1.2793 high of last week to break support at the 1.2750 congestion

 Level Comment Level Comment
R41.2930**31 Mar YTD highS11.2700**19 Feb high, 2025 yr low
R31.2900*Jan highS21.2667*17 Apr low
R21.2850*congestionS31.2650 congestion
R11.2800/07**congestion, 1 Apr lowS41.2600*congestion

Asterisk denotes strength of level

02:20 GMT - Turned down from the 1.2793 high of last week to break support at the 1.2750 congestion see prices unwinding overbought daily studies. Lower will see room to the 1.2700 level then the 1.2667, 17 April low. Break of the latter will see deeper pullback to retrace the January/March gains and see extension to 1.2650. Below this will open up room to retest the 1.2600 level then the 1.2586 low. Meanwhile, resistance at 1.2793 high and the 1.2800/07 resistance are expected to cap and sustain losses from 1.2930 March high.

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Topics
USD/SGD-TA
EM-Technical
Technical Analysis

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