Published: 2026-03-23T02:31:21.000Z
Chart USD/SGD Update: Extend choppy trade below 1.2850
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Little change, as prices extend choppy trade below the 1.2850 resistance and 200-day MA
| Level | Comment | Level | Comment | ||||
|---|---|---|---|---|---|---|---|
| R4 | 1.2985/00 | ** | 8 Dec high, figure | S1 | 1.2768 | * | Feb high |
| R3 | 1.2938 | * | 19 Dec high | S2 | 1.2750 | * | congestion |
| R2 | 1.2900 | ** | 16 Jan YTD high, 61.8% | S3 | 1.2700 | ** | 19 Feb high, 2025 yr low |
| R1 | 1.2850 | ** | congestion, 200-day MA | S4 | 1.2650 | congestion |
Asterisk denotes strength of level
02:25 GMT - Little change, as prices extend choppy trade below the 1.2850 resistance and 200-day MA. Would take break here to open up room for stronger gains to retrace losses from the November high. Clearance will see room to retest the 1.2900, 16 January current year high and 61.8% Fibonacci level. Meanwhile, support remains at the 1.2768/50 February high and congestion area which should underpin. Failure here will fade the upside pressure and open up room for pullback to retest support at the 1.2700 level.