Published: 2025-10-14T02:13:37.000Z
Chart USD/SGD Update: Extend consolidation below 1.3000/10 resistance
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Little change, as prices extend consolidation below strong resistance at the 1.3000/10 area
| Level | Comment | Level | Comment | ||||
|---|---|---|---|---|---|---|---|
| R4 | 1.3130 | May high | S1 | 1.2950 | ** | 25 Sep high | |
| R3 | 1.3100 | * | 38.2% Jan/Jul fall | S2 | 1.2900 | ** | congestion |
| R2 | 1.3085 | * | 12 May high | S3 | 1.2860 | * | 22 Sep high, congestion |
| R1 | 1.3000/10 | ** | Aug high, Apr low | S4 | 1.2815/00 | * | congestion |
Asterisk denotes strength of level
02:10 GMT - Little change, as prices extend consolidation below strong resistance at the 1.3000/10 area. Overbought daily studies suggest room for corrective pullback to retrace gains from the September low. Break of the 1.2950 support will open up room to the strong support at the 1.2900 congestion which is expected to underpin. Consolidation expected to give way to renewed buying interest later and break above the 3000/10 resistance will confirm a double bottom at the 1.2712/1.2700 lows and see room for stronger gains to retrace the January/July losses.