Published: 2026-04-06T02:39:14.000Z
Chart USD/SGD Update: Higher in consolidation above 1.2800
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Higher in consolidation above the 1.2800 level to set up scope for retest of the 1.2900 level and 1.2930, 31 March current year high
| Level | Comment | Level | Comment | ||||
|---|---|---|---|---|---|---|---|
| R4 | 1.2975 | * | 76.4% Nov/Jan fall | S1 | 1.2800 | * | congestion |
| R3 | 1.2950 | * | congestion | S2 | 1.2730 | ** | 23 Mar low |
| R2 | 1.2930 | ** | 31 Mar YTD high | S3 | 1.2700 | ** | 19 Feb high, 2025 yr low |
| R1 | 1.2900 | * | congestion | S4 | 1.2650 | congestion |
Asterisk denotes strength of level
02:30 GMT - Higher in consolidation above the 1.2800 level to set up scope for retest of the 1.2900 level and 1.2930, 31 March current year high. Clearance here will further extend bullish gains from the 1.2600/1.2586 lows to retrace losses from the November high and see room for extension to 1.2975, 76.4% Fibonacci retracement. Meanwhile, support at 1.2807/00 low and congestion area should underpin. Below this will open up room for deeper pullback to strong support at the 1.2768/30, February high/23 March higher low.