Published: 2025-12-10T02:05:13.000Z
Chart USD/SGD Update: Bear flag threaten 1.2930 low
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Little change, as prices extend consolidation above support at the 1.2930 congestion
| Level | Comment | Level | Comment | ||||
|---|---|---|---|---|---|---|---|
| R4 | 1.3130 | * | May high | S1 | 1.2930 | * | congestion |
| R3 | 1.3100 | ** | congestion, 38.2% | S2 | 1.2917/00 | ** | 17 Oct low, congestion |
| R2 | 1.3085 | * | 12 May high | S3 | 1.2865 | 1 Oct low | |
| R1 | 1.3000 | ** | Aug high, congestion | S4 | 1.2800 | ** | congestion |
Asterisk denotes strength of level
02:00 GMT - Little change, as prices extend consolidation above support at the 1.2930 congestion and unwind oversold intraday and daily studies. The resulting bear flag pattern is expected to give way to break lower to extend pullback from the 1.3085/1.3100, November highs. Break of the 1.2930 low will see room for extension to strong support at the 1.2917/1.2900 area. Lower still, will see room for extension to support at 1.2865, October low. Meanwhile, resistance at 1.3000 figure is expected to cap and sustain losses from resistance at the 1.3085/1.3100 area.