Published: 2026-10-08T02:01:23.000Z
Chart USD/SGD Update: Still pressuring 1.2800/10 resistance
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Still pressuring the upside but gains struggling to clear the 1.2800/10 resistance
| Level | Comment | Level | Comment | ||||
|---|---|---|---|---|---|---|---|
| R4 | 1.2875 | ** | 14 Jul low | S1 | 1.2750/30 | * | congestion, 15 Sep high |
| R3 | 1.2850 | * | 61.8% Jun/Sep fall | S2 | 1.2700 | * | congestion, Jul 2025 yr low |
| R2 | 1.2825 | * | 5 Oct high | S3 | 1.2680 | * | Aug low |
| R1 | 1.2800/10 | * | congestion, 50% | S4 | 1.2650 | ** | May low |
Asterisk denotes strength of level
02:00 GMT - Still pressuring the upside but gains struggling to clear the 1.2800/10 resistance. Would need to clear this and the Monday's high at 1.2825 to see room for stronger gains to retrace the June/September losses to strong resistance at 1.2850/.1.2875 area. Meanwhile, support remains at the 1.2750/30 area. Bullish gains from the September low keep pressure on the upside and only break of the latter will fade the upside pressure and confirm a top pattern at the 1.2825 high. Lower will turn focus to strong support at the 1.2700/1.2680 area. Lower still, expose 1.2650 and 1.2630 May/September lows to retest.