Published: 2025-08-28T02:22:42.000Z
Chart USD/SGD Update: Range-bound
Technical Analyst
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Little change, as prices extend consolidation within the 1.2900/1.2800 range
| Level | Comment | Level | Comment | ||||
|---|---|---|---|---|---|---|---|
| R4 | 1.3025 | * | 38.2% Apr/Jul fall | S1 | 1.2800/90 | * | May, 2024 year lows |
| R3 | 1.3000/10 | ** | congestion, Apr low | S2 | 1.2745 | ** | 24 Jul low |
| R2 | 1.2940 | * | Jun high | S3 | 1.2700 | ** | 1 Jul YTD low |
| R1 | 1.2900 | * | congestion | S4 | 1.2650 | * | congestion |
Asterisk denotes strength of level
02:15 GMT - Little change, as prices extend consolidation within the 1.2900/1.2800 range. Would take break of resistance at the 1.2900 level to open up room for retest of the 1.2940 June high then the 1.3000 level. Clearance here will open up room for stronger recovery to retrace losses from 1.3750, January current year high. Meanwhile, support at the 1.2800/1.2790 lows underpin. Would take break here to expose the 1.2745 and 1.2700 July lows to retest and extend the broader losses from the March 2020 year high.