Published: 2026-08-13T02:29:29.000Z
Chart USD/SGD Update: Edging higher in consolidation
1
Edging higher in choppy trade from the 1.2767 low as prices consolidate losses from the 1.2836 resistance
| Level | Comment | Level | Comment | ||||
|---|---|---|---|---|---|---|---|
| R4 | 1.2900 | * | congestion | S1 | 1.2790/67 | ** | 3, 7 Aug lows |
| R3 | 1.2875 | ** | 14 Jul low | S2 | 1.2750 | * | congestion |
| R2 | 1.2850 | * | congestion | S3 | 1.2700 | ** | congestion, 2025 yr low |
| R1 | 1.2836 | * | May high | S4 | 1.2650 | ** | May low |
Asterisk denotes strength of level
02:20 GMT - Edging higher in choppy trade from the 1.2767 low as prices consolidate losses from the 1.2836 resistance and unwind oversold daily studies. Bounce above the 1.2800 level will see room to resistance at the 1.2836/50 area which is expected to cap. Break here, if seen, will open up room for stronger bounce to resistance at the 1.2875, 14 July low. Corrective bounce is expected to give way fresh selling pressure later. Below the 1.2790/67 lows will extend the June losses and see room to support at the 1.2750 congestion and the 1.2700, 2025 year low.