Published: 2026-08-24T02:28:52.000Z
Chart USD/SGD Update: Focus on 1.2650, May low
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Prices remain under pressure with break of the 1.2700 level reaching low at 1.2680 and threatening extension to support at the 1.2650, May low
| Level | Comment | Level | Comment | ||||
|---|---|---|---|---|---|---|---|
| R4 | 1.2836 | ** | May high | S1 | 1.2680 | 21 Aug low | |
| R3 | 1.2800 | * | congestion | S2 | 1.2650 | ** | May low |
| R2 | 1.2750/67 | * | congestion, 7 Aug low | S3 | 1.2615/05 | * | Feb lows |
| R1 | 1.2727 | 20 Aug high | S4 | 1.2586 | ** | 28 Jan YTD low |
Asterisk denotes strength of level
02:20 GMT - Prices remain under pressure with break of the 1.2700 level reaching low at 1.2680 and threatening extension to support at the 1.2650, May low. Oversold daily studies suggest reaction here likely but consolidation here expected to give way to renewed selling pressure later. Lower will see room for extension to support at 1.2615/05 February low then the 1.2586, January current year low. Meanwhile, resistance is lowered to 1.2727 Thursday's bounce high. Only above here will see room for stronger corrective gains to resistance at the 1.2750/67 previous lows.