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Published: 2025-10-03T02:04:26.000Z

Chart USD/SGD Update: Steadied at 1.2860 support

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Steadied at the 1.2860 support following pullback from the 1.2950, September high

 Level Comment Level Comment
R41.3100*38.2% Jan/Jul fallS11.2860*22 Sep high
R31.3000/10**Aug high, Apr lowS21.2815/00**23 Sep low, congestion
R21.2950**Sep high, congestionS31.2745*24 Jul low
R11.2900 congestionS41.2712/00**Sep, 1 Jul YTD lows

Asterisk denotes strength of level

02:00 GMT - Steadied at the 1.2860 support following pullback from the 1.2950, September high. Consolidation here see scope for retest of the 1.2950 high and further extend gains from the 1.2712 low. Clearance will return focus to the August high at the 1.3000 figure. Break here will confirm a double bottom at the 1.2712/1.2700 lows and see room for stronger gains to retrace the January/July fall. Meanwhile, support at 1.2860 now underpin. Break here will open up room for deeper pullback to 1.2815/00 support.

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Topics
USD/SGD-TA
EM-Technical
Technical Analysis

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