Published: 2026-09-11T02:52:47.000Z
Chart USD/SGD Update: Extend corrective bounce
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Turned higher to reach resistance at 1.2680 as prices extend bounce from the 1.2630 low
| Level | Comment | Level | Comment | ||||
|---|---|---|---|---|---|---|---|
| R4 | 1.2767 | ** | 7 Aug low, 38.2% | S1 | 1.2630 | ** | 9 Sep low |
| R3 | 1.2750 | * | congestion | S2 | 1.2615/05 | * | 26, 12 Feb lows |
| R2 | 1.2700 | * | congestion | S3 | 1.2586 | ** | 28 Jan YTD low |
| R1 | 1.2680 | * | Aug low | S4 | 1.2550 | * | congestion |
Asterisk denotes strength of level
02:45 GMT - Turned higher to reach resistance at 1.2680 as prices extend bounce from the 1.2630 low. Daily and weekly studies are unwinding oversold readings and suggest scope for stronger gains to retrace losses from the June high. Higher will see room to the 1.2700 level then the strong resistance at 1.2750 congestion then 1.2767, 7 August low and 38.2% Fibonacci level. Corrective gains are expected to give way to renewed selling pressure later. Below the 1.2650/30 area will see extension to retest 1.2615/05 February lows then 1.2586 January current year low.