Published: 2026-09-21T02:20:50.000Z
Chart USD/SGD Update: Leaning lower from 1.2790/1.2800 resistance
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Leaning lower following rejection from the 1.2790/1.2800 resistance and 200-day MA
| 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
02:20 GMT - Leaning lower following rejection from the 1.2790/1.2800 resistance and 200-day MA. Intraday and daily studies have turned lower to unwind overbought readings and suggest scope for break of 1.2750 support to open up room for deeper pullback to the 1.2700/1.2680 area. Below these, will return focus to the downside for retest of the 1.2650 and 1.2630, May and 9 September lows. Meanwhile, resistance at the 1.2790/1.2800 area is expected to cap. Clearance here, if seen, will see room for stronger gains to retrace losses from the 1.2990 June current year high to the 1.2850 congestion and 61.8% Fibonacci level.