Published: 2026-08-11T02:49:10.000Z
Chart USD/SGD Update: Consolidating, room for lower later
1
Turned up from the 1.2767 low as prices consolidate losses from the 1.2836 resistance
| Level | Comment | Level | Comment | ||||
|---|---|---|---|---|---|---|---|
| R4 | 1.2900 | * | congestion | S1 | 1.2790 | * | 3 Jul low |
| R3 | 1.2875 | ** | 14 Jul low | S2 | 1.2750 | * | congestion |
| R2 | 1.2836/50 | * | May high, congestion | S3 | 1.2700 | ** | congestion, 2025 yr low |
| R1 | 1.2800/05 | * | congestion | S4 | 1.2650 | ** | May low |
Asterisk denotes strength of level
02:45 GMT - Turned up from the 1.2767 low as prices consolidate losses from the 1.2836 resistance. Daily studies have turned up to unwind oversold readings and suggest scope for corrective bounce. Above 1.2800/05 area will see room for retest of the 1.2836/50 resistance. However, bearish momentum from the 1.2990 June current year high suggest this giving way to renewed selling pressure later. Below the 1.2767 low will see room to support at the 1.2750 congestion then the 1.2700 level and 2025 year low.