Published: 2026-07-30T02:32:34.000Z
Chart USD/SGD Update: Leaning to the downside as 1.2930 caps
1
Turned back below the 1.2900 level after failing to sustain break of the 1.2930 resistance
| Level | Comment | Level | Comment | ||||
|---|---|---|---|---|---|---|---|
| R4 | 1.3000 | * | figure, congestion | S1 | 1.2875 | * | 14 Jul low |
| R3 | 1.2990 | ** | 24 Jun YTD high | S2 | 1.2850 | * | congestion |
| R2 | 1.2950 | * | congestion | S3 | 1.2836 | ** | May high |
| R1 | 1.2930 | * | Mar high | S4 | 1.2805 | * | 15 Jun low |
Asterisk denotes strength of level
02:25 GMT - Turned back below the 1.2900 level after failing to sustain break of the 1.2930 resistance. Pullback threatens retest of the 1.2875 mid-July low, break here will further extend losses from the 1.2990 June current year high and channel resistance. Lower will see room to support at the 1.2850 congestion and 1.2836, May high. Break of the latter will open up room for deeper pullback to retrace gains from the 1.2650, May low. Meanwhile, resistance is lowered to the 1.2900/30 congestion and March high, expected to cap and sustain losses from the June high.