Published: 2026-03-31T02:47:20.000Z
Chart USD/SGD Update: Still room to extend gains
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Break above the 1.2900 level has seen gains to fresh year high at 1.2930
| Level | Comment | Level | Comment | ||||
|---|---|---|---|---|---|---|---|
| R4 | 1.3000 | ** | Aug high, congestion | S1 | 1.2850 | * | congestion |
| R3 | 1.2975 | * | 76.4% Nov/Jan fall | S2 | 1.2800 | * | congestion |
| R2 | 1.2950 | * | congestion | S3 | 1.2730 | ** | 23 Mar low |
| R1 | 1.2938 | 19 Dec high | S4 | 1.2700 | ** | 19 Feb high, 2025 yr low |
Asterisk denotes strength of level
02:40 GMT - Break above the 1.2900 level has seen gains to fresh year high at 1.2930 before settling back to unwind overbought intraday studies. Positive daily and weekly studies suggest scope for further gains later to further retrace losses from the November high. Clearance will see room for extension to the resistance at the 1.2938/1.2950 congestion and 1.2976, 76.4% Fibonacci retracement. Meanwhile, support remains at the 1.2850 congestion which should underpin and sustain gains from strong support at the 1.2730/1.2700 higher lows.