Published: 2026-07-20T02:42:57.000Z
Chart USD/SGD Update: Extend consolidation above 1.2875 low
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Little change, as prices extend consolidation above the 1.2875 low of last week
| Level | Comment | Level | Comment | ||||
|---|---|---|---|---|---|---|---|
| R4 | 1.3000 | ** | figure, congestion | S1 | 1.2875 | * | 14 Jul low |
| R3 | 1.2990 | ** | 24 Jun YTD high | S2 | 1.2850 | * | congestion |
| R2 | 1.2950 | * | congestion | S3 | 1.2836 | ** | May high |
| R1 | 1.2930 | * | Mar high | S4 | 1.2805/00 | ** | 15 Jun low, congestion |
Asterisk denotes strength of level
02:35 GMT - Little change, as prices extend consolidation above the 1.2875 low of last week. This is expected to give way to renewed selling pressure later to extend losses from the 1.2990 June current year high. Break of the 1.2875 low will see room to strong support at the 1.2850/36 congestion and May high where reaction is expected. Negative weekly studies suggest scope for break later to retrace the May/June rally. Lower will see room to the 1.2805 low of 15 June. Meanwhile, resistance at the 1.2900/30 congestion and March high expected to cap and sustain losses from the 1.2990 high.