Published: 2026-07-23T02:47:00.000Z
Chart USD/SGD Update: Leaning lower
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Leaning lower in consolidation as prices sustain lower highs from the 1.2990 June current year high
| Level | Comment | Level | Comment | ||||
|---|---|---|---|---|---|---|---|
| R4 | 1.3000 | * | figure, congestion | S1 | 1.2875 | * | 14 Jul low |
| R3 | 1.2990 | ** | 24 Jun YTD high | S2 | 1.2850 | * | congestion |
| R2 | 1.2950 | * | congestion | S3 | 1.2836 | ** | May high |
| R1 | 1.2930 | * | Mar high | S4 | 1.2805/00 | ** | 15 Jun low, congestion |
Asterisk denotes strength of level
02:35 GMT - Leaning lower in consolidation as prices sustain lower highs from the 1.2990 June current year high and see scope to retest the 1.2875 low. Below here will see room for deeper pullback to retrace gains from the May swing low. Lower will see room to strong support at the 1.2850/36 congestion and May high where reaction is expected but a later break cannot be ruled out. Break here will open up room for extension to 1.2805 low of 15 June. Meanwhile, resistance at the 1.2930/50 March high and congestion expected to cap corrective bounce.