Published: 2025-07-25T02:25:45.000Z
Chart USD/SGD Update: Limited below 1.2763 support
Technical Analyst
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Limted on break of the 1.2763 support as prices turned up to unwind oversold intraday studies
| Level | Comment | Level | Comment | ||||
|---|---|---|---|---|---|---|---|
| R4 | 1.3000/10 | ** | congestion, Apr low | S1 | 1.2763 | * | May low |
| R3 | 1.2940 | ** | Jun high | S2 | 1.2700 | ** | 1 Jul YTD low |
| R2 | 1.2882 | * | 17 Jul high | S3 | 1.2650 | * | congestion |
| R1 | 1.2860 | * | congestion | S4 | 1.2600/85 | * | congestion |
Asterisk denotes strength of level
02:20 GMT - Limted on break of the 1.2763 support as prices turned up to unwind oversold intraday studies. Daily studies are stretced as well and suggest room for stronger bounce to consolidate pullback from the high of last week to retest 1.2860/1.2882 resistance which is expected to cap. Clearance will open up room for stronger correction of the January/Jul losses. Meanwhile, support at 1.2763 should underpin. Would take break to expose the 1.2700 low to extend the broader losses from 2020 high.