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Published: 2026-04-13T02:42:10.000Z

Chart USD/SGD Update: Higher in consolidation from 1.2730/00 support

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Gapped up opening see prices extending consolidation from strong support at the 1.2730/1.2700, 23 March low and congestion area

 Level Comment Level Comment
R41.2930**31 Mar high          S11.2730*23 Mar low
R31.2900*Jan highS21.2700**19 Feb high, 2025 yr low
R21.2850*congestionS31.2650 congestion
R11.2800*congestionS41.2600*congestion

Asterisk denotes strength of level

02:35 GMT - Gapped up opening see prices extending consolidation from strong support at the 1.2730/1.2700, 23 March low and congestion area as prices unwind oversold intraday studies. Bounce see resistance at the 1.2800/1.2850 congestion area expected to cap. However, negative weekly studies suggest consolidation giving way to renewed selling pressure later and break of the 1.2730/00 support will extend losses from the 1.2930 March YTD high. Lower will see room for retest of the 1.2650 congestion then the 1.2600 level and 1.2586, January current year low.

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Topics
USD/SGD-TA
EM-Technical
Technical Analysis

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