Published: 2025-10-02T02:19:04.000Z
Chart USD/SGD Update: Consolidating rally from 1.2712 low
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Turned lower from the 1.2950 high as prices consolidate rally from the 1.2712 low
| Level | Comment | Level | Comment | ||||
|---|---|---|---|---|---|---|---|
| R4 | 1.3100 | * | 38.2% Jan/Jul fall | S1 | 1.2860 | * | 22 Sep high |
| R3 | 1.3000/10 | ** | Aug high, Apr low | S2 | 1.2815/00 | ** | 23 Sep low, congestion |
| R2 | 1.2950 | ** | Sep high, congestion | S3 | 1.2745 | * | 24 Jul low |
| R1 | 1.2900 | * | congestion | S4 | 1.2712/00 | ** | Sep, 1 Jul YTD lows |
Asterisk denotes strength of level
02:15 GMT - Turned lower from the 1.2950 high as prices consolidate rally from the 1.2712 low and unwind the overbought intraday and daily studies. Below the 1.2900 level opens up room for deeper pullback to support at the 1.2860, 22 September high, which is expected to underpin. Meanwhile, resistance is at the 1.2950 high. Clearance here will further extend bounce from the September low and open up room for extension to strong resistance at the 1.3000/10 area.