Published: 2026-03-26T02:03:14.000Z
Chart USD/SGD Update: Bounce return focus to 1.2850/65 highs
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Bounce from the 1.2730 low to regain the 1.2800 level return focus to the upside for retest of strong resistance at 1.2850/65
| Level | Comment | Level | Comment | ||||
|---|---|---|---|---|---|---|---|
| R4 | 1.2950 | * | congestion | S1 | 1.2800 | * | congestion |
| R3 | 1.2938 | 19 Dec high | S2 | 1.2730 | * | 23 Mar low | |
| R2 | 1.2900 | ** | 16 Jan YTD high, 61.8% | S3 | 1.2700 | ** | 19 Feb high, 2025 yr low |
| R1 | 1.2850/65 | ** | 200-day MA, 23 Mar high | S4 | 1.2650 | congestion |
Asterisk denotes strength of level
02:00 GMT - Bounce from the 1.2730 low to regain the 1.2800 level return focus to the upside for retest of strong resistance at the 1.2850/65, 200-day MA and 23 March high as well as trendline from the January 2025 year high. Break here will see room to extend gains from the 1.2586 January YTD low and see extension to the 1.2900 level and 61.8% Fibonacci retracement. Higher still will see room to 1.2938/50 congestion. Meanwhile, support is raised to the 1.2800 level which should now underpin and sustain gains from support at the 1.2730/1.2700 higher lows.