Published: 2026-10-29T02:46:40.000Z
Chart USD/SGD Update: Limited above the 1.2825 resistance
1
No follow-through on break above 1.2825 resistance as prices settled back to consolidate at the 1.2800 level
| Level | Comment | Level | Comment | ||||
|---|---|---|---|---|---|---|---|
| R4 | 1.2900 | * | congestion | S1 | 1.2800 | congestion | |
| R3 | 1.2875 | ** | 14 Jul low | S2 | 1.2762/50 | ** | 22 Oct low, congestion |
| R2 | 1.2850 | * | congestion | S3 | 1.2700 | * | congestion, Jul 2025 yr low |
| R1 | 1.2825 | * | congestion | S4 | 1.2680 | * | Aug low |
Asterisk denotes strength of level
02:40 GMT - No follow-through on break above 1.2825 resistance as prices settled back to consolidate at the 1.2800 level. Below the latter open up room for retest of the 1.2762/50 support which also marks neckline of a potential top pattern at the 1.2872, 14 October high. Break here will return focus to the downside to retrace strong gains from the 1.2630 Spetember low. Meanwhile, resistance at the 1.2825/37 congestion and 28 October high is expected to cap. Clearance will return focus to the 1.2872/1.2875 high and resistance.