Published: 2026-04-30T02:51:26.000Z
Chart USD/SGD Update: Extending gains
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Consolidation at the 1.2750 congestion has given way to break of resistance at 1.2790 and 1.2800/07 congestion area
| Level | Comment | Level | Comment | ||||
|---|---|---|---|---|---|---|---|
| R4 | 1.2950 | * | congestion | S1 | 1.2790 | * | 23 Apr high |
| R3 | 1.2930 | ** | 31 Mar YTD high | S2 | 1.2750 | * | congestion |
| R2 | 1.2900 | * | Jan high | S3 | 1.2725 | * | 27 Apr low |
| R1 | 1.2850 | * | congestion | S4 | 1.2700 | ** | 19 Feb high, 2025 yr low |
Asterisk denotes strength of level
02:45 GMT - Consolidation at the 1.2750 congestion has given way to break of resistance at 1.2790 and 1.2800/07 congestion area. Higher will further extend gains from the 17 April low at 1.2667 and see room to the 1.2850 resistance. Beyond this will return focus to the 1.2900 level and 1.2930 March current year high where reaction can be expected. Meanwhile, support is raised to the 1.2790/1.2750 congestion area. Break here will return focus to the downside for retest of the 1.2700 level and 1.2667, 17 April low.