Published: 2026-09-16T02:36:30.000Z
Chart USD/SGD Update: Extending gains
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Break above the 1.2700 level see prices extending gains from the 1.2630 low towards resistance at 1.2750 congestion
| Level | Comment | Level | Comment | ||||
|---|---|---|---|---|---|---|---|
| R4 | 1.2841 | * | Aug high | S1 | 1.2700 | * | congestion, Jul 2025 yr low |
| R3 | 1.2800/10 | * | congestion, 50% | S2 | 1.2680 | * | Aug low |
| R2 | 1.2767 | ** | 7 Aug low, 38.2% | S3 | 1.2650 | * | May low |
| R1 | 1.2750 | * | congestion | S4 | 1.2630 | ** | 9 Sep low |
Asterisk denotes strength of level
02:30 GMT - Break above the 1.2700 level see prices extending gains from the 1.2630 low towards resistance at 1.2750 congestion. Daily studies are tracking higher while weekly studies have turned mixed at oversold area, suggest scope for stronger gains to retrace losses from the June high. Above 1.2750 will see room to strong resistance at 1.2767, 7 August low and 38.2% Fibonacci level. Meanwhile, support is raised to the 1.2700/1.2680 area. Would take break here to expose the 1.2630 low to retest. Below this will turn focus to the 1.2605 February low and 1.2586 January current year low.