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Published: 2026-04-02T02:32:03.000Z

Chart USD/SGD Update: Higher in consolidation above 1.2800

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Higher in range above the 1.2800 level as prices unwind oversold intraday studies

 Level Comment Level Comment
R41.2975*76.4% Nov/Jan fallS11.2800*congestion
R31.2950*congestionS21.2730**23 Mar low
R21.2930**31 Mar YTD highS31.2700**19 Feb high, 2025 yr low
R11.2900*congestionS41.2650 congestion

Asterisk denotes strength of level

02:20 GMT - Higher in range above the 1.2800 level as prices unwind oversold intraday studies. Bounce from the 1.2807 low above congestion at 1.2850 sets up scope for retest of the 1.2900 level and 1.2930, 31 March current year high. Clearance will further retrace losses from the November high and see room to 1.2976, 76.4% Fibonacci retracement. Meanwhile, support at 1.2807/00 low and congestion are should underpin. Below this will open up room for deeper pullback to strong support at the 1.2768/30, February high/23 March higher low. 

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Topics
USD/SGD-TA
EM-Technical
Technical Analysis

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