Published: 2026-07-29T02:21:33.000Z
Chart USD/SGD Update: Edging higher in choppy trade
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Edging higher in choppy trade from the 1.2875 low to pressure resistance at 1.2930 March high
| Level | Comment | Level | Comment | ||||
|---|---|---|---|---|---|---|---|
| R4 | 1.3000 | * | figure, congestion | S1 | 1.2900 | * | congestion |
| R3 | 1.2990 | ** | 24 Jun YTD high | S2 | 1.2875 | * | 14 Jul low |
| R2 | 1.2950 | * | congestion | S3 | 1.2850 | * | congestion |
| R1 | 1.2930 | * | Mar high | S4 | 1.2836 | ** | May high |
Asterisk denotes strength of level
02:15 GMT - Edging higher in choppy trade from the 1.2875 low to pressure resistance at 1.2930 March high. Break here will clear the way for retest of resistance at 1.2950 congestion then the 1.2990 June current year high. Clearance here will further extend the broader gains from the January low to retrace losses from the January 2025 year high. Meanwhile, support is raised to the 1.2900 level ahead of 1.2875 low which should underpin. Would take break of these to open up room for deeper pullback to retrace strong gains from the May swing low.