Published: 2026-03-30T02:19:12.000Z
Chart USD/SGD Update: Consolidating retest of 1.2900 current year high
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Consolidating retest of the 200-day MA and 23 March YTD high at the 1.2900 level
| Level | Comment | Level | Comment | ||||
|---|---|---|---|---|---|---|---|
| R4 | 1.2976 | * | 76.4% Nov/Jan losses | S1 | 1.2850 | * | congestion |
| R3 | 1.2950 | * | congestion | S2 | 1.2800 | * | congestion |
| R2 | 1.2938 | 19 Dec high | S3 | 1.2730 | * | 23 Mar low | |
| R1 | 1.2900 | ** | 16 Jan YTD high, 61.8% | S4 | 1.2700 | ** | 19 Feb high, 2025 yr low |
Asterisk denotes strength of level
02:10 GMT - Consolidating retest of the 200-day MA and 23 March YTD high at the 1.2900 level. The positive daily and weekly studies suggest this giving way to break later to further retrace losses from the November high. Clearance will see room for extension to the resistance at the 1.2938/1.2950 congestion and 1.2976, 76.4% Fibonacci retracement. Meanwhile, support is raised to the 1.2850/1.2800 congestion area which should now underpin and sustain gains from strong support at the 1.2730/1.2700 higher lows.