Published: 2026-11-02T02:31:37.000Z
Chart USD/SGD Update: Room for lower from 1.2837 high
1
Leaning lower following rejection from the 1.2837 high of last week to turn focus to support at the 1.2762/50 area
| Level | Comment | Level | Comment | ||||
|---|---|---|---|---|---|---|---|
| R4 | 1.2900 | * | congestion | S1 | 1.2762/50 | ** | 22 Oct low, congestion |
| R3 | 1.2875 | ** | 14 Jul low | S2 | 1.2700 | * | congestion, 2025 yr low |
| R2 | 1.2850 | * | congestion | S3 | 1.2680 | * | Aug low |
| R1 | 1.2800/25 | * | congestion | S4 | 1.2650 | * | congestion |
Asterisk denotes strength of level
02:20 GMT - Leaning lower following rejection from the 1.2837 high of last week to turn focus to support at the 1.2762/50 area. Daily studies are unwinding overbought readings and threaten break here to confirm a top pattern at the 1.2872, October high. Break will open up room for deeper pullback to retrace strong gains from the 1.2630 Spetember low and see room to the 1.2700/1.2680 congestion and August low. Meanwhile, resistance at the 1.2800/25 congestion is expected to cap and sustain losses from the 1.2837 pin bar high.