Published: 2026-07-27T02:31:14.000Z
Chart USD/SGD Update: Leaning lower in consolidation
1
Choppy trade within the 1.2900/30 range last week see prices giving way to pullback from the 1.2930 resistance
| Level | Comment | Level | Comment | ||||
|---|---|---|---|---|---|---|---|
| R4 | 1.3000 | * | figure, congestion | S1 | 1.2875 | * | 14 Jul low |
| R3 | 1.2990 | ** | 24 Jun YTD high | S2 | 1.2850 | * | congestion |
| R2 | 1.2950 | * | congestion | S3 | 1.2836 | ** | May high |
| R1 | 1.2930 | * | Mar high | S4 | 1.2805/00 | ** | 15 Jun low, congestion |
Asterisk denotes strength of level
02:20 GMT - Choppy trade within the 1.2900/30 range last week see prices giving way to pullback from the 1.2930 resistance. Below the 1.2900 level threatens retest of the 1.2875 low. Would take break here to open up room for deeper pullback to extend losses from the 1.2990 June high and retrace strong gains from the May swing low. Lower will turn focus to strong support at the 1.2850/36 congestion and May high. Meanwhile, resistance at 1.2930 congestion and March high now expected to cap and sustain losses from the 1.2990 high.