Published: 2026-10-23T02:05:45.000Z
Chart USD/SGD Update: Consolidating, room for lower later
1
Little change, as prices holds steady above the 1.2750 congestion to consolidate sharp losses from the 1.2872 high of last week
| Level | Comment | Level | Comment | ||||
|---|---|---|---|---|---|---|---|
| R4 | 1.2900 | * | congestion | S1 | 1.2750 | ** | congestion |
| R3 | 1.2875 | ** | 14 Jul high | S2 | 1.2700 | * | congestion, Jul 2025 yr low |
| R2 | 1.2850 | * | congestion | S3 | 1.2680 | * | Aug low |
| R1 | 1.2800/25 | * | congestion | S4 | 1.2650 | * | congestion |
Asterisk denotes strength of level
02:00 GMT - Little change, as prices holds steady above the 1.2750 congestion to consolidate sharp losses from the 1.2872 high of last week. However, pressure remains on the downside and suggest consolidation giving way to renewed selling pressure later to retrace gains from the 1.2630 low of September. Nearby see strong support at 1.2750 congestion. Break here will see room for extension to support at the 1.2700/1.2680 area. Meanwhile, resistance remains at the 1.2800/25 congestion and 5th October high which is expected to cap and sustain losses from the 1.2872 high of 14 October.