Published: 2026-06-23T02:41:54.000Z
Chart USD/SGD Update: Extending gains
1
Break above the 1.2930 March high see prices extending gains from the 1.2586 January year low
| Level | Comment | Level | Comment | ||||
|---|---|---|---|---|---|---|---|
| R4 | 1.3050 | * | congestion | S1 | 1.2900 | * | congestion |
| R3 | 1.3000 | * | figure, congestion | S2 | 1.2850/36 | ** | congestion, May high |
| R2 | 1.2985 | ** | Dec high, channel | S3 | 1.2800 | * | congestion |
| R1 | 1.2950 | * | congestion | S4 | 1.2750 | ** | 29 May low |
Asterisk denotes strength of level
02:35 GMT - Break above the 1.2930 March high see prices extending gains from the 1.2586 January year low. Higher will see room to 1.2950 congestion then the 1.2985 December high as well as channel resistance from the January low. Stretched daily studies suggest reaction here possible to consolidate gains from the 1.2650 May low. Higher, if seen, will see room to 1.3000/50 congestion area. Meanwhile, support is raised to the 1.2900 level. Would take break here to ease the upside pressure and see room for deeper pullback to strong support at the 1.2850 congestion and 1.2836 May high.