Published: 2026-09-22T02:43:37.000Z
Chart USD/SGD Update: Lower in consolidation, but still supported
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Settled back from the test of the 1.2790/1.2800 resistance and 200-day MA as prices unwind overbought intraday studies
| Level | Comment | Level | Comment | ||||
|---|---|---|---|---|---|---|---|
| R4 | 1.2875 | ** | 14 Jul low | S1 | 1.2750 | * | congestion |
| R3 | 1.2850 | * | congestion, 61.8% | S2 | 1.2700 | * | congestion, Jul 2025 yr low |
| R2 | 1.2800/10 | ** | congestion, 50% | S3 | 1.2680 | * | Aug low |
| R1 | 1.2790 | * | 3 Aug low | S4 | 1.2650 | * | May low |
Asterisk denotes strength of level
02:35 GMT - Settled back from the test of the 1.2790/1.2800 resistance and 200-day MA as prices unwind overbought intraday studies. However, bullish structure from the 1.2630 low of 9 September keep pressure on the upside and only break of support at 1.2750/30 area will ease the upside pressure and open up room for deeper pullback to the 1.2700/1.2680 area. A later break above the 1.2790/1.2800 resistance will see room for stronger gains to retrace losses from the 1.2990 June current year high. Higher will see room to the 1.2850 congestion and 61.8% Fibonacci level.