Published: 2026-06-25T02:16:06.000Z
Chart USD/SGD Update: Consolidating gains to fresh year high
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Extension to fresh year high reached the 1.2985 December high and channel resistance from the January low
| Level | Comment | Level | Comment | ||||
|---|---|---|---|---|---|---|---|
| R4 | 1.3100 | ** | Nov high | S1 | 1.2930 | * | Mar high |
| R3 | 1.3050 | * | congestion | S2 | 1.2900 | * | congestion |
| R2 | 1.3000 | ** | figure, congestion | S3 | 1.2850/36 | ** | congestion, May high |
| R1 | 1.2985 | ** | Dec high, channel | S4 | 1.2805/00 | ** | 15 Jun low, congestion |
Asterisk denotes strength of level
02:15 GMT - Extension to fresh year high reached the 1.2985 December high and channel resistance from the January low. Prices has since settled back in consolidation to unwind the stretched intraday and daily studies but a later break higher cannot be ruled out. Higher, if seen, will open up room for extension to 1.3000/50 congestion. Meanwhile, support is raised to the 1.2930/1.2900 area which should underpin. Would take break here to ease the upside pressure and see room for deeper pullback to strong support at the 1.2850/36 congestion and May high.