Published: 2026-01-12T02:52:45.000Z
Chart USD/SGD Update: Room to extend corrective bounce
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Lower in range as prices consolidate bounce from the 1.2790 low of last week below the 1.2890/1.2900 resistance
| Level | Comment | Level | Comment | ||||
|---|---|---|---|---|---|---|---|
| R4 | 1.3085/100 | ** | 12 May high, congestion | S1 | 1.2800 | * | congestion |
| R3 | 1.2980/00 | * | congestion, Aug high | S2 | 1.2750 | * | congestion |
| R2 | 1.2930 | ** | congestion | S3 | 1.2712/00 | ** | Sep, Jul 2025 year lows |
| R1 | 1.2900 | * | congestion | S4 | 1.2650 | * | congestion |
Asterisk denotes strength of level
02:45 GMT - Lower in range as prices consolidate bounce from the 1.2790 low of last week below the 1.2890/1.2900 resistance. Daily studies are unwinding oversold readings and suggest scope for break here to open up room for stronger bounce to resistance at 1.2930 congestion which is expected to cap and give way to renewed selling pressure later. Would take break of support at the 1.2800 level to open up room for deeper pullback to 1.2750 congestion with room for extension to retest the 1.2712/1.2700, September/July lows.