Published: 2025-09-30T01:37:15.000Z
Chart USD/SGD Update: Lower in range from 1.2950 high
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Lower in range from test of congestive resistance at the 1.2950 high of last week
| Level | Comment | Level | Comment | ||||
|---|---|---|---|---|---|---|---|
| R4 | 1.3160 | * | congestion | S1 | 1.2900 | * | congestion |
| R3 | 1.3100 | * | 38.2% Jan/Jul fall | S2 | 1.2860 | * | 22 Sep high |
| R2 | 1.3000/10 | ** | Aug high, Apr low | S3 | 1.2815/00 | ** | 23 Sep low, congestion |
| R1 | 1.2950 | * | congestion | S4 | 1.2745 | * | 24 Jul low |
Asterisk denotes strength of level
01:35 GMT - Lower in range from test of congestive resistance at the 1.2950 high of last week as prices unwind the overbought intraday and daily studies. Below the 1.2900 level will see room for deeper pullback to retrace gains from 1.2712 low to 1.2860, 22 Sep high, which is expected to underpin. Failure here will open up room for deeper pullback to strong support at the 1.2815/1.2800 area. Meanwhile, resistance is at the 1.2950 high. A later break will open up room for stronger bounce and see room to the 1.3000/00 area.