Published: 2026-06-18T02:23:57.000Z
Chart USD/SGD Update: Rebound return focus to 1.2900/30 resistance
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Rebound from above support at the 1.2800 congestion has seen sharp rally to retest the 1.2900 level
| Level | Comment | Level | Comment | ||||
|---|---|---|---|---|---|---|---|
| R4 | 1.2985 | ** | Dec high, channel | S1 | 1.2850 | congestion | |
| R3 | 1.2950 | * | congestion | S2 | 1.2836 | ** | May high |
| R2 | 1.2930 | ** | 31 Mar YTD high | S3 | 1.2800 | * | congestion |
| R1 | 1.2900/18 | * | congestion, 8 Jun high | S4 | 1.2750 | ** | 29 May low |
Asterisk denotes strength of level
02:15 GMT - Rebound from above support at the 1.2800 congestion has seen sharp rally to retest the 1.2900 level. Break here and the 1.2918 high of last week will expose the 1.2930 March current year high to retest. Break here, if seen, will further extend corrective gains from the 1.2586 January current year low and see room to 1.2950 congestion and the 1.2985 December high as well as channel resistance from the January low. Meanwhile, support is raised to the 1.2850/36 congestion and May high which should underpin and sustain bounce from above 1.2800 support.