Published: 2025-12-11T02:22:03.000Z
Chart USD/SGD Update: Back to pressure 1.2930 support
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Under pressure, as consolidation above the 1.2930 support gives way to fresh selling interest beneath the 1.3000 resistance
| Level | Comment | Level | Comment | ||||
|---|---|---|---|---|---|---|---|
| R4 | 1.3130 | * | May high | S1 | 1.2900 | ** | congestion, 50% |
| R3 | 1.3100 | ** | congestion, 38.2% | S2 | 1.2865/50 | * | 1 Oct low, 61.8% |
| R2 | 1.3085 | * | 12 May high | S3 | 1.2800 | ** | May low, congestion |
| R1 | 1.3000 | ** | Aug high, congestion | S4 | 1.2750 | * | congestion |
Asterisk denotes strength of level
02:20 GMT - Under pressure, as consolidation above the 1.2930 support gives way to fresh selling interest beneath the 1.3000 resistance and extend losses from the 1.3085/1.3100, November highs. Lower will see room to further retrace gains from the July low to the strong support at the 1.2917/1.2900 congestion and 50% Fibonacci level. Below this will see room for extension to support at 1.2865/50, October low and 61.8% Fibonacci level. Meanwhile, resistance at 1.3000 figure is expected to cap and sustain losses from the November highs.