Published: 2026-01-29T02:13:29.000Z
Chart USD/SGD Update: Consolidating at 1.2590/86 lows
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Turned up in range from the 1.2590/86 lows as prices consolidate sharp losses from the 1.2900 high
| Level | Comment | Level | Comment | ||||
|---|---|---|---|---|---|---|---|
| R4 | 1.2850 | * | congestion | S1 | 1.2586 | * | 28 Jan YTD low |
| R3 | 1.2790/00 | ** | 6 Jan low, congestion | S2 | 1.2550 | * | congestion |
| R2 | 1.2750 | * | congestion | S3 | 1.2500 | * | congestion |
| R1 | 1.2700 | ** | Jul 2025 year low | S4 | 1.2455/50 | * | Apr/May 2014 lows |
Asterisk denotes strength of level
02:10 GMT - Turned up in range from the 1.2590/86 lows as prices consolidate sharp losses from the 1.2900 high. Bounce see prices unwinding oversold intraday and daily studies but gains are likely to remain limited with the 2025 year lows at 1.2700/12 expected to cap and keep pressure on the downside. Only above here will open up room for stronger corrective bounce to 1.2750/1.2790 area. Lower high sought to retest the 1.2590/86 lows later and where break will extend the broader losses from the 2020 year high and see room for extension to support at the 1.2550/1.2500 area.