Published: 2025-09-15T02:03:12.000Z
Chart USD/SGD Update: Weighing on the 1.2800/1.2790 support
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Little change, as prices holds a narrow range above support at the 1.2800/1.2790, congestion and 2024 year low
| Level | Comment | Level | Comment | ||||
|---|---|---|---|---|---|---|---|
| R4 | 1.3000/10 | ** | Aug high, 21 Apr low | S1 | 1.2800/90 | * | congestion, 2024 year lows |
| R3 | 1.2940 | * | Jun high | S2 | 1.2745 | * | 24 Jul low |
| R2 | 1.2900 | ** | congestion | S3 | 1.2700 | ** | 1 Jul YTD low |
| R1 | 1.2850 | * | congestion | S4 | 1.2650 | * | congestion |
Asterisk denotes strength of level
02:00 GMT - Little change, as prices holds a narrow range above support at the 1.2800/1.2790, congestion and 2024 year low. The resulting flag pattern threatens break here to extend pullback from the 1.2900 range high. Lower will extend the losses from the 1.3000, August swing high, and see room to the 1.2745 support but potential would be seen for retest of 1.2700, July current year low. Meanwhile, resistance at the 1.2850/60 congestion area is expected to cap and sustain pullback from the 1.2900 congestion.