Published: 2025-11-26T02:15:29.000Z
Chart USD/SGD Update: Under pressure, 1.3000 support at risk
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Extending rejection from the 1.3085/1.3100 resistance to pressure support at the 1.3000 level
| Level | Comment | Level | Comment | ||||
|---|---|---|---|---|---|---|---|
| R4 | 1.3170/00 | * | 23 Apr high, congestion | S1 | 1.3000 | * | Aug high, break |
| R3 | 1.3130 | * | May high | S2 | 1.2966 | ** | 14 Nov low |
| R2 | 1.3100 | ** | congestion, 38.2% | S3 | 1.2950 | * | Sep high |
| R1 | 1.3085 | * | 12 May high | S4 | 1.2917/00 | ** | 17 Oct low, congestion |
Asterisk denotes strength of level
02:10 GMT - Extending rejection from the 1.3085/1.3100 resistance to pressure support at the 1.3000 level. Daily and weekly studies are unwinding overbought readings and highlight scope for break here to opn up room for deeper pullback to retrace gains from the 1.2712, September low. Lower will see room to strong support at the 1.2966/50 area and the 1.2900 level. Meanwhile, resistance at the 1.3085/1.3100 highs and 38.2% Fibonacci level now expected to cap and sustain losses from the 1.3750, January current year high.