Published: 2026-01-21T02:45:24.000Z
Chart USD/SGD Update: Under pressure, room for lower
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Edged up from the 1.2815 low as prices consolidate pullback from test of the 1.2900 resistance
| Level | Comment | Level | Comment | ||||
|---|---|---|---|---|---|---|---|
| R4 | 1.3085/100 | ** | 12 May high, congestion | S1 | 1.2815 | 20 Jan low | |
| R3 | 1.2980/00 | * | congestion, Aug high | S2 | 1.2800 | * | congestion |
| R2 | 1.2930 | ** | congestion | S3 | 1.2750 | * | congestion |
| R1 | 1.2900 | * | congestion | S4 | 1.2712/00 | ** | Sep, Jul 2025 year lows |
Asterisk denotes strength of level
02:40GMT - Edged up from the 1.2815 low as prices consolidate pullback from test of the 1.2900 resistance. Daily studies are unwinding overbought readings and suggest room for deeper pullback to retest support at the 1.2800 congestion. Break here will extend the losses from the November high and see room to the 1.2750 congestion but focus will for retest of the 1.2712/1.2700, September/July lows. Meanwhile, resistsnce at the 1.2900 level is expected to cap. Would take break here to fade the downside pressure and open up room for stronger gains to retrace losses from the 1.3100 November high.