Published: 2025-09-24T01:58:45.000Z
Chart USD/SGD Update: Consolidating, room for higher later
0
-
Little change, as prices consolidate test of 1.2850/55 resistance
| Level | Comment | Level | Comment | ||||
|---|---|---|---|---|---|---|---|
| R4 | 1.3000 | ** | Aug high | S1 | 1.2800 | ** | congestion |
| R3 | 1.2940 | * | Jun high | S2 | 1.2745 | * | 24 Jul low |
| R2 | 1.2900 | ** | congestion | S3 | 1.2712 | ** | 17 Sep low |
| R1 | 1.2850/55 | * | congestion, 11 Sep high | S4 | 1.2700 | ** | 1 Jul YTD low |
Asterisk denotes strength of level
01:50 GMT - Little change, as prices consolidate test of 1.2850/55 resistance following bounce from the 1.2712 low last week. The resulting flag pattern suggest room for further gains to retrace losses from the August high to congestive resistance at the 1.2900 levelwhich is expected to cap. Meanwhile, support is at the 1.2800 congestion and break here needed to return focus to the downside for retest of the 1.2745 support then the critical 1.2712/00, 17 September low and July current year low.