Published: 2026-09-17T02:46:38.000Z
Chart USD/SGD Update: Consolidating, still room for higher
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Saw sharp break above the 1.2750/65 resistance to reach 1.2785 high
| Level | Comment | Level | Comment | ||||
|---|---|---|---|---|---|---|---|
| R4 | 1.2875 | ** | 14 Jul low | S1 | 1.2750 | * | congestion |
| R3 | 1.2840 | * | Aug high | S2 | 1.2700 | * | congestion, Jul 2025 yr low |
| R2 | 1.2800/10 | ** | congestion, 50% | S3 | 1.2680 | * | Aug low |
| R1 | 1.2785 | 16 Sep high | S4 | 1.2650 | * | May low |
Asterisk denotes strength of level
02:40 GMT - Saw sharp break above the 1.2750/65 resistance to reach 1.2785 high. Pause here see prices consolidating strong gains from the 1.2630 low but positive daily and weekly studies suggest scope for further gains later. Higher will see room to the 1.2800/10 congestion and 50% Fibonacci level. Above here, if seen, will see room to strong resistance at 1.2840/1.2875, August high and 14 July low. Meanwhile, support is raised to the 1.2750 congestion. Below here will ease the upside pressure and open up room for pullback to support at the 1.2700/1.2680 area.