Published: 2026-07-31T02:41:55.000Z
Chart USD/SGD Update: Consolidating at 1.2810 low, room for lower later
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Break of 1.2875 support has seen sharp drop through the 1.2850/36 support before stabilising at 1.2810 low
| Level | Comment | Level | Comment | ||||
|---|---|---|---|---|---|---|---|
| R4 | 1.2930 | ** | Mar high, congestion | S1 | 1.2805 | * | 15 Jun low |
| R3 | 1.2900 | * | congestion | S2 | 1.2788 | * | 2024 year low |
| R2 | 1.2875 | ** | 14 Jul low | S3 | 1.2750 | * | congestion |
| R1 | 1.2836/50 | * | May high, congestion | S4 | 1.2700 | ** | congestion, 2025 yr low |
Asterisk denotes strength of level
02:35 GMT - Break of 1.2875 support has seen sharp drop through the 1.2850/36 support before stabilising at 1.2810 low. Bounce here see prices consolidating sharp losses from the 1.2930 resistance with resistance now at the 1.2836/50 area. Gains above here, if seen, will see room for stronger bounce to the 1.2875 resistance which is expected to cap. Consolidation is expected to give way to renewed selling pressure later, break of the 1.2805 support will see extension to support at the 1.2788/1.2750, 2024 year low and congestion area.