Published: 2026-10-14T02:24:33.000Z
Chart USD/SGD Update: Coiled around 1.2800 level
1
Little change, as prices remain coiled around the 1.2800 level following pullback from the 1.2825 high of last week
| Level | Comment | Level | Comment | ||||
|---|---|---|---|---|---|---|---|
| R4 | 1.2900 | * | congestion | S1 | 1.2750/30 | * | congestion, 15 Sep high |
| R3 | 1.2875 | ** | 14 Jul low | S2 | 1.2700 | * | congestion, Jul 2025 yr low |
| R2 | 1.2850 | * | 61.8% Jun/Sep fall | S3 | 1.2680 | * | Aug low |
| R1 | 1.2825 | * | 8 Oct high | S4 | 1.2650 | ** | May low |
Asterisk denotes strength of level
02:20 GMT - Little change, as prices remain coiled around the 1.2800 level following pullback from the 1.2825 high of last week. The 3-week rising wedge pattern from the 1.2750/30 lows caution pullback to retest the latter and where break will fade the upside pressure and confirm a top pattern at the 1.2825 high. Lower will see room for retest of strong support at the 1.2700/1.2680 area. Meanwhile, resistance remains at 1.2825 high. Would take break here to further retrace the June/September losses and see gains towards strong resistance at 1.2850/75 area.