Published: 2026-07-10T02:45:08.000Z
Chart USD/SGD Update: Room for deeper pullback from 1.2990 high
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Weighing on the 1.2900 level as prices extend pullback from the 1.2990 high and channel resistance
| Level | Comment | Level | Comment | ||||
|---|---|---|---|---|---|---|---|
| R4 | 1.3050 | * | congestion | S1 | 1.2900 | * | congestion |
| R3 | 1.3000 | ** | figure, congestion | S2 | 1.2850 | * | congestion |
| R2 | 1.2990 | ** | Jun YTD high | S3 | 1.2836 | ** | May high |
| R1 | 1.2950 | * | congestion | S4 | 1.2805/00 | ** | 15 Jun low, congestion |
Asterisk denotes strength of level
01:35 GMT - Weighing on the 1.2900 level as prices extend pullback from the 1.2990 high and channel resistance. Break of 1.2900 will open up room for deeper pullback to retrace strong gains from the May swing low and see room to strong support at the 1.2850/36 congestion and May high. Lower still, will see extension to the 1.2805/00 mid-June low and congestion area. Meanwhile, resistance remains at the 1.2930/50 congestion area is expected to cap and sustain pullback from the 1.2990 June current year high.