Published: 2026-01-05T02:42:43.000Z
Chart USD/SGD Update: Extending bounce from 1.2818 low
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Turned higher in consolidation at the 1.2818 low as prices unwind oversold intraday and daily studies
| Level | Comment | Level | Comment | ||||
|---|---|---|---|---|---|---|---|
| R4 | 1.3085/100 | ** | 12 May high, congestion | S1 | 1.2818 | ** | 30 Dec low |
| R3 | 1.2980/00 | ** | congestion, Aug high | S2 | 1.2800 | * | congestion |
| R2 | 1.2930 | * | congestion | S3 | 1.2750 | * | congestion |
| R1 | 1.2900 | * | congestion | S4 | 1.2712/00 | ** | Sep, Jul YTD lows |
Asterisk denotes strength of level
02:35 GMT - Turned higher in consolidation at the 1.2818 low as prices unwind oversold intraday and daily studies. Break above the 1.2850/70 resistance opens up room for stronger gains to retrace losses from the 1.3100 December swing high to resistance at the 1.2900/30 congestion. Above here will open up room for stronger bounce to strong resistance at 1.2980/1.3000, December and August highs. Corrective gains are expected to give way to fresh selling pressure later. Below the 1.2818 low and the 1.2800 upport will return focus to the 1.2712/1.2700, September/July lows.