Published: 2026-05-13T02:13:42.000Z
Chart USD/SGD Update: Extend bounce 1.2667/50 support
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Extend bounce from support at the 1.2667/50 April low and congestion area
| Level | Comment | Level | Comment | ||||
|---|---|---|---|---|---|---|---|
| R4 | 1.2850 | * | congestion | S1 | 1.2667 | ** | Apr low |
| R3 | 1.2823 | ** | 29 Apr high | S2 | 1.2650 | * | congestion |
| R2 | 1.2800 | * | congestion | S3 | 1.2586 | ** | 28 Jan YTD low |
| R1 | 1.2750 | * | congestion | S4 | 1.2550 | * | congestion |
Asterisk denotes strength of level
02:10 GMT - Extend bounce from support at the 1.2667/50 April low and congestion area as prices consolidate losses from the 1.2823, 29 April high. Above the 1.2700 level opens up room for stronger bounce to resistance at 1.2750/1.2800 congestion area. Gains are expected to give way to renewed selling pressure later. Break of the 1.2667/50 support will see room for extension to retest the 1.2600 level and the 1.2586 current year low of 28 Janaury. Below this will see room to extend losses to the 1.2550/1.2500 congestion area.