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Published: 2026-05-25T02:28:12.000Z

Chart USD/SGD Update: Leaning lower from 1.2836 high

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Leaning lower as prices extend pullback from the 1.2836 high to retrace gains from the 1.2650 low of 7 May

 Level Comment Level Comment
R41.2900*congestionS11.2750*congestion
R31.2850*congestionS21.2735*13 May high
R21.2836**19 May highS31.2700**congestion
R11.2800*congestionS41.2650**7 May low

Asterisk denotes strength of level

02:15 GMT - Leaning lower as prices extend pullback from the 1.2836 high to retrace gains from the 1.2650 low of 7 May. Daily studies are unwinding overbought readings and suggest scope for deeper pullback to support at the 1.2750/35 congestion area. Below this will return focus to the downside for retest of the 1.2700 level and 1.2650, 7 May low. Meanwhile, resistance is lowered to the 1.2800 level which is expected to cap and sustain rejection from the 1.2836 high and the broader losses from 1.2930 March current year high.

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Topics
USD/SGD-TA
EM-Technical
Technical Analysis

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