Published: 2026-08-28T02:30:59.000Z
Chart USD/SGD Update: Range-bound in consolidation
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Little change, as prices stays range-bound in consolidation from the 1.2680 low of last week
| Level | Comment | Level | Comment | ||||
|---|---|---|---|---|---|---|---|
| R4 | 1.2836 | ** | May high | S1 | 1.2680 | * | 21 Aug low |
| R3 | 1.2800 | * | congestion | S2 | 1.2650 | ** | May low |
| R2 | 1.2750/67 | * | congestion, 7 Aug low | S3 | 1.2615/05 | * | Feb lows |
| R1 | 1.2727 | 20 Aug high | S4 | 1.2586 | ** | 28 Jan YTD low |
Asterisk denotes strength of level
02:25 GMT - Little change, as prices stays range-bound in consolidation from the 1.2680 low of last week. However, daily studies have turned up from oversold areas and suggest scope for stronger bounce above resistance at the 1.2727 high of 20 August. Break here will open up room for stronger gains to resistance at the 1.2750/67 previous lows. Corrective gains are expected to give way to fresh selling pressure later where break of the 1.2680 low will see room to retest the May low at 1.2650. Lower still, will see room for extension to support at 1.2615/05 February low then the 1.2586, January current year low.